22
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$2,195,000
Est. payment /mo
3 Beds
3 Baths
1,584 SqFt
Active
2005 4th ST Santa Monica, CA 90405
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,584 sqft
Price per Sqft $1,385
MLS Listing ID 26850083
Bedrooms 3
HOA Y/N No
Year Built 1924
Lot Size 5,327 Sqft
Property Description
SWEET! THREE CLASSIC 1924 COTTAGES NOT ON THE MARKET IN 60 YEARS. 4 BLOCKS TO BEACH. Highest & Best Use: Build 4 New Condos (one block away, a condo SOLD LAST YEAR FOR $2.5M: check 1919 4th Street). OR build a LARGER MULTI UNIT building (some restrictions would apply). Per ARCHITECT, 3 New Units of 1750 +/- sf each can be built on the lot, PLUS a JR ADU; OR build MULTI-UNIT taking advantage of NEW CA DENSITY BONUSES (10 units nextdoor are on the same size lot) OR RESTORE COTTAGES & Rent Short Term (30 days +) & add 4th junior ADU for MASSIVE CASH FLOW. NO TENANTS for 60 years means NO low-income & rent control issues IF you build 4 units. ZONING ANALYSIS ATTACHED (See attached DOCS) from Architect from Santa Monica Architectural Review Board, exceptions for lot width may apply; ~CA DENSITY BONUSES may apply for MORE UNITS; SK 79 may apply. Parking access from the Alley. 4 BLOCKS TO BEACH & Prime Main Street, SaMoHi and Downtown Santa Monica very close, PCH & 10 access. Do your own due diligence, statements from this listing may not be reliable. Make your own investigations & verify with City of Santa Monica. From the times when Old Hollywood would drive across open land to get to the 'beach town' of Santa Monica.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMOP2*
Interior
Heating None
Cooling None
Fireplace No
Exterior
Total Parking Spaces 3
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4289010027
Special Listing Condition Standard
Listed by Suzette Kitselman Coldwell Banker Realty #00715435
NEARBY SCHOOL & BUSINESS
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