Listing by: Edward Kaminsky, eXp Realty of California, Inc, 310-427-2414

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29 Beds

24 Baths

13,052 SqFt

Active

Breathtakingly located on a bluff overlooking the sparkling Pacific Ocean, 413 Ocean Avenue is an unprecedented opportunity to build your coastal dream estate (pending city approval) on Santa Monica’s prestigious Ocean Avenue. One of Los Angeles, California most Iconic locations. No one comes to LA without driving past this infamous stretch of the coast. This 11,202 SF lot with SMR4 zoning currently houses a 2-story, 13,052 SF structure previously utilized as an assisted living community. Built in 1959, this structure includes 29 individual suites, including 26 with balconies and ocean views, which is no longer operational. With tremendous view potential and a truly iconic location within easy walking distance of world-renowned shopping, dining & nightlife, 413 Ocean Avenue is the blank canvas your dreams have been waiting for. Whether your goals include multi-family redevelopment, a luxury condo development, land banking or a future dream home, this Santa Monica gem is the answer. Note: believe it or not, a second ocean-view property of similar size (11,257 SF) and opportunity is available just 4 blocks south at 825 Ocean Avenue. Take a look at both before deciding which of these bluff top beauties speaks to you the most.

Property Details
Price $8,500,000
Bedrooms 29
Full Baths 24
Total Baths 24
Lot Size Area 11212
Lot Size Area Units Square Feet
Acres 0.2574
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Commercial/Residential
Stories 2
Year Built 1959
View Ocean
Waterfront Across the Road from Lake/Ocean,Ocean Front
Heating Wall Furnace
Lot Description Lot 10000-19999 Sqft
Laundry Features Dryer Included,Washer Hookup
Pool features None
Parking Description None
Parking Spaces 0
Garage spaces 0
Association Fee 0
Geographic Data
Directions Ocean Ave between Georgina and Marguerita
County Los Angeles
Latitude 34.025584
Longitude -118.511704
Market Area C14 - Santa Monica
Address Information
Address 413 Ocean Avenue, Santa Monica, CA 90402
Postal Code 90402
City Santa Monica
State CA
Country United States
Listing Information
Listing Office eXp Realty of California, Inc
Listing Agent Edward Kaminsky
Listing Agent Phone 310-427-2414
Buyer Agency Compensation 2.000
Attribution Contact 310-427-2414
Buyer Agency Compensation Type %
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Virtual Tour URL https://www.zillow.com/view-imx/865a81a1-2e3f-44b1-9f87-72fe283116c7?wl=true&setAttribution=mls
School Information
District Santa Monica-Malibu Unified
MLS Information
Days on market 303
MLS Status Active
Listing Date May 16, 2023
Listing Last Modified Apr 29, 2024
Tax ID 4293007021
MLS Area C14 - Santa Monica
MLS # SB23080738

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This information is believed to be accurate, but without any warranty.