Located just off Montana Avenue in one of Santa Monica's most desirable and supply-constrained residential corridors, 817 16th Street presents a rare opportunity to acquire a fully entitled boutique, architectural townhouse-style condominium project in a high-demand neighborhood. The project is comprised of six market-rate residences plus two affordable units, over subterranean parking for ten vehicles and a formally approved subdivision tract map. Designed by Breakform Design, the plans reflect a refined, contemporary architectural vision aligned with the expectations of today's luxury Westside buyer. With Planning Commission approvals secured and the property removed from the rental market via the Ellis Act, a developer can step in and pivot directly into construction documents and plan check. A substantial portion of the entitlement timeline has been completed, creating a streamlined path to market and a compelling opportunity to capitalize on strong end-user demand in a premier Montana-adjacent location.
Features
crop_free7483 sq. ft. lot size
cottageLand
Property history for 817 16th St
2018
Sold
$2,525,000
10 Oct 2018 by Dean Mandile, of Sotheby's International Realty
2013
Sold
$1,882,313
26 Aug 2013
Happy sellers in Santa Monica
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Local market activity for land plots in Santa Monica
Sold
For Sale
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