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2338 Ocean Park Boulevard

Santa Monica CA 90405

13980 sq. ft.
Land
Currently for sale - view listing

Overview

First time on the market in over 35 years and located along a prime westwardly corridor to the beach. This property is a double lot with a total of 13,980 SF R-3 in the city of Santa Monica. Currently, the property is a 3,700 SF vacant motel and parking lot. The property is located in the City of Santa Monica and is zoned Medium Density Residential. The property includes two parcels totaling 0.161 acres. The project is not located within a fire hazard area nor flood zone. The property has a potential to build 11 units by right and a total of 23 units with 4 units set aside as affordable using AB 1287 (stackable density bonus law). Although, the offering has a building with all utilities in place, the property is aggressively priced at a land value of $286.12/SF

Features

13980 sq. ft. lot size
Land

Happy sellers in Santa Monica

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We have insufficient information to provide an overview of customer satisfaction for Santa Monica. Viewing the agent profiles, reviews and sales for Santa Monica can provide insights for this location.

Local market activity for land plots in Santa Monica

In the last 12 months, 2 land plots similar to 2338 Ocean Park Boulevard, have been sold.

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Sales:
(619) 566-0008
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