2005 4th St, Santa Monica, CA 90405
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2005 4th St, Santa Monica, CA 90405
2005 4th St, Santa Monica, CA 90405
2005 4th St, Santa Monica, CA 90405
2005 4th St, Santa Monica, CA 90405
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John Francis O'Brien

John Francis O'Brien

+1(856) 287-3059
$ 2,195,000
Est. payment /mo
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2005 4th St Santa Monica, CA 90405

3 Beds

3 Baths

1,584 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,584 sqft

Price per Sqft $1,385

MLS Listing ID 26850083

Bedrooms 3

Year Built 1924

Lot Size 5,328 Sqft

Acres 0.1223

Property Sub-Type Multi-Family

Property Description

This property has not been on the market in 57 years. No Tenant occupancy in 57 years, which relieves the rules about rent control and affordable housing units unless one wants to built a 3+story property. This property has 3 Cottages built in the 1920's, (see photos) not currently habitable but there is a possibility to restore them, PLUS add another unit on the back of the lot. Per an architect, 3 new units of 1750+ square feet each can be built on the lot, along with another unit in the rear (not guaranteed ~ please make your own investigations). Alley access to the rear of the lot for parking access. A Condo one block away sold for $2.5M within the last 12 months. Excellent pencil potential. Very short walk to the beach, excellent rental or resale area. Please see the added Documents for Santa Monica City and architect notes, written by a former member of the Santa Monica Architectural Review Board. We are told that the width of this lot is not an issue as to density. All interested parties are not to rely on statements from this listing as to viability of future projects; all are directed to make their own investigations. Please do not walk the property without Listing Agent.

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMOP2*

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features Other

Garage Spaces 3.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Coldwell Banker Realty
John Francis O'Brien

John Francis O'Brien

+1(856) 287-3059

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2005 4th St