2005 4th Street, Santa Monica, CA 90405

$1,995,000

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List Price
$1,995,000
Status
ACTIVE
Days on Market
22
Price Change
▼ $200,000 1786583104
MLS#
26867165
Subtype
Land
Lot Size
5,328
Acres
0.12
MLS Area Major
Santa Monica (C14)

Property Description

SB 79 ALLOWS FOR DENSITY BONUS (MORE UNITS) BUILT NEAR TRANSIT STOPS, may apply. 4 BLOCKS TO BEACH. 3 Cottages, currently vacant and uninhabitable. HIGHEST AND BEST USE: Build MULTI UNIT taking advantage of NEW CA DENSITY BONUSES (8 units nextdoor are on the same size lot) Some restrictions may apply. SB 79 may apply, (see additional density bonuses in DOCS). OR: Build 4 New Condos (one block away, 1 condo SOLD LAST YEAR FOR $2.5M: check 1919 4th Street). Not on market in 60 years. Per ARCHITECT, 3 New Units of 1750 +/- sf each could be built PLUS 1 Jr ADU; NO TENANTS for 60 years. ZONING ANALYSIS ATTACHED (See attached DOCS) by ARCHITECT from SANTA MONICA ARCHITECTURAL REVIEW BOARD; exceptions for lot width may apply; Parking access from Alley. 4 BLOCKS TO BEACH & Prime MAIN STREET, SaMoHi and DOWNTOWN SANTA MONICA very close, PCH & 10 access. Statements from this listing not guaranteed of course; do your own investigations & verify all with City of Santa Monica.

Additional Information

Zoning
SMOP2*
View
None

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Listing courtesy of Listing Agent: Suzette Kitselman (Info@SuzetteSellsLA.com) from Listing Office: Coldwell Banker Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.