Listing by: Edward Kaminsky, eXp Realty of California, Inc, 310-427-2414
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Listing by: Edward Kaminsky, eXp Realty of California, Inc, 310-427-2414
Breathtakingly located on a bluff overlooking the sparkling Pacific Ocean, 825 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 11,257 SF lot with SMR3 zoning currently houses a 2-story, 6,593 SF structure previously utilized as an assisted living community. Built in 1951, this structure includes 20 individual suites, including 3 450 SF, ocean-view penthouse units renovated in 2020/2021. With tremendous view potential and a truly iconic location within easy walking distance of world-renowned shopping, dining & nightlife, 825 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 (11,202 SF) and opportunity is available just 4 blocks north at 413 Ocean Avenue. Take a look at both before deciding which of these bluff top beauties speaks to you the most.
Property Details | ||
|---|---|---|
| Price | $7,999,000 | |
| Bedrooms | 20 | |
| Full Baths | 20 | |
| Total Baths | 20 | |
| Lot Size Area | 11257 | |
| Lot Size Area Units | Square Feet | |
| Acres | 0.2584 | |
| Property Type | Residential | |
| Sub type | SingleFamilyResidence | |
| MLS Sub type | Commercial/Residential | |
| Stories | 2 | |
| Year Built | 1951 | |
| View | Ocean | |
| Waterfront | Across the Road from Lake/Ocean,Ocean Front | |
| Heating | Wall Furnace | |
| Lot Description | Lot 10000-19999 Sqft | |
| Laundry Features | Electric Dryer Hookup,Washer Hookup | |
| Pool features | None | |
| Parking Description | None | |
| Parking Spaces | 0 | |
| Garage spaces | 0 | |
| Association Fee | 0 | |
Geographic Data | ||
| Directions | Ocean Ave between Montana Ave and Idaho Ave | |
| County | Los Angeles | |
| Latitude | 34.021851 | |
| Longitude | -118.506505 | |
| Market Area | C14 - Santa Monica | |
Address Information | ||
| Address | 825 Ocean Avenue, Santa Monica, CA 90403 | |
| Postal Code | 90403 | |
| 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 | |
School Information | ||
| District | Santa Monica-Malibu Unified | |
MLS Information | ||
| Days on market | 218 | |
| MLS Status | Active | |
| Listing Date | May 16, 2023 | |
| Listing Last Modified | Apr 29, 2024 | |
| Tax ID | 4292025013 | |
| MLS Area | C14 - Santa Monica | |
| MLS # | SB23080737 | |