Active

413 Ocean Avenue

Santa Monica CA, 90402

$8,500,000


$758.12 per sqft

Active

0.26 Acres

Land

Listed by Edward Kaminsky with eXp Realty of California, Inc 310-798-1277

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.
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 29 375 SF suites, including 26 with balconies and ocean views.
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, 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.

SB23083585

MLS ID

May 15, 2023

Listed

April 29, 2024

Updated

Map

413 Ocean Avenue
Santa Monica CA, 90402

Exterior/Building Features

Lot Size

0.26 Acres


Sewer

Public Sewer

Other Property Details

Area Name

C14 - Santa Monica


Days on Market

302


Garage

No


View

Yes


View Description

Ocean


County

Los Angeles


Water Source

Public


Pool

No


Waterfront

Yes


Zoning

SMR4*


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

4/16/2024

Active

3/8/2024

Pending

Listing Contact: 310-798-1277 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/29/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/29/2024 at 9:38 PM UTC

 

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