Under Contract

122 Strand ST

SANTA MONICA CA, 90405

$2,050,000


$20,500.00 per sqft

Under Contract

100 sqft

Residential

Built in 1952

Owner Says Sell! Shovel Ready development opportunity Located in one of LA's most prestigious neighborhoods-Ocean Park in Santa Monica, this rarely available development lot is entitled and ready to be built tomorrow-Just steps away from the beach, Santa Monica's main street with its trendy boutiques and famed restaurants. Prime for immediate development-this lot comes with fully entitled plans outlining a two-story, three unit condominium project with subterranean parking and private outdoor space. The plan design by iconic Santa Monica Based Architecture Firm-Mike Folonis Architects truly maximize the potential of this rare lot so close to the beach. Centered in the midst of so many attractions including, the Strand bike path with 22 miles of inspiring coastal scenery, the World Famous Santa Monica Pier, Shutters On the Beach Hotel, Casa Del Mar Hotel, The Viceroy, 3rd Street Promenade and famed Abbot Kinney neighborhood, this property is truly unique. //Property specs are as follows: Unit 1: 2 Bedrooms, 3.5 bathrooms, 2,110 sq ft living space, Patio (front) 541 sq ft, Patio (side) 232 sq ft, 2nd Floor Deck 135 sq ft, Roof Deck 164 sq ft. // Unit 2: 2 Bedrooms, 2.5 bathrooms, 1,530 sq ft living space, Patio (side) 241 sq ft. // Unit 3: 2 Bedrooms, 2.5 bathrooms, 1,275 sq ft living space, Patio (rear) 736 sq ft. Each unit comes with a two-car garage. Plans, Permits, and supporting documents available upon request-link provided.

SB24023354MR

MLS ID

February 1, 2024

Listed

May 21, 2024

Updated

Map

122 Strand ST
SANTA MONICA CA, 90405

Interior Features

Total Stories

0


Laundry Description

None


Fireplace

Yes


Fireplace Description

None


Cooling

No


Cooling Description

None


Heating

No

Exterior/Building Features

Lot Size

0.14 Acres


Sewer

Public Sewer

School Information

School District

Santa Monica-Malibu Unified

Other Property Details

Area Name

Santa Monica


Days on Market

110


Garage

No


Parking Total

0


View

Yes


View Description

Ocean


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

SMOP3*

Listing History

Date

Event

Price

5/21/2024

Under Contract

5/3/2024

Price Change

$2,050,000

-5%

4/17/2024

Price Change

$2,150,000

-5%

3/12/2024

Price Change

$2,250,000

-7%

Listed by Richard Warren with Palm Realty Boutique, Inc.
Listing Contact: 310-902-0084 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor CalNative Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 5/21/2024

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