34.02537 -118.51134

423 OCEAN Avenue Santa Monica, CA 90402

247101280 34.02537 -118.51134 124 False 0 13900000 105 19495800 False
  • $13,900,000
  • 22,464 lot
  • Est payment $74618.21/mo

Property & Neighborhood Info

Courtesy Of Chase Simonton, Keller Williams-Santa Monica

Multi-Family in Santa Monica

SELLER FINANCING AVAILABLE. Please call listing agents for information.423 Ocean Ave is located on the cliffs of Santa Monica, with unblocked views of the Pacific Ocean and one of the most prestigious locations for commercial real estate and luxury condominiums. 423 Ocean is approved and fully entitled for 14 condominiums. The owner obtained both City Plan Check and Coastal Commission approval, a process that took over 10 years to achieve. Now it is a new investors opportunity to purchase and develop this exquisite site and lease up or sell the condos individually. Condominiums North of Wilshire have sold for over $1,500 per square foot. Due to this exclusive location on Ocean Ave, newly constructed condos with ocean views will command in excess of $1,800/sf. Please call or email the listing agents for a marketing package that include drawings and floor plans.

Courtesy Of Chase Simonton, Keller Williams-Santa Monica
  1. 22,464 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1936
  • Floors: 3
  • County: Los Angeles County
  • Units: 16
  • Zoning: SMR4*
  • MLS Number:19495800

Additional Features

  • Cooling:
    • None
  • Laundry:
    • None
  • Appliances:
    • None
  • Number of Buildings:
    • 3
  • Net Operating Income:
    • 0.00
  • CDOM:
    • 70
  • Special Conditions:
    • Standard
  • Gross Operating Income:
    • 0.00
  • Land Value:
    • 4177807
  • Listing Key:
    • 363102184
  • Lot Size Acres:
    • 0.5157
  • Lot Size Square Feet:
    • 22464.00
  • Price Per SQFT:
    • 3702.72
  • Tax ID:
    • 4293007019
  • Total Expenses:
    • 0.00
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
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Gail McClendon
Gail McClendon
Realtor
27802 Vista Del Lago, Suite E2 Mission Viejo CA 92692
34.02537 -118.51134

423 OCEAN Avenue Santa Monica, CA 90402

247101280 34.02537 -118.51134 124 False 0 13900000 105 19495800 False
  • $13,900,000
  • 22,464 lot
  • Est payment $74618.21/mo