825 Ocean Avenue, Santa Monica, CA 90403

$9,000,000
20
BD
20
BA
6,593
SqFt

List Agent Edward Kaminsky () eXp Realty of California, Inc; CoList ()

List Price
$9,000,000
Days on Market
26
Status
ACTIVE
MLS#
SB23080737
Bedrooms
20
Bathrooms
20
Full Baths
20
Living Area
6,593
Lot Size (Acres)
0.2584
Year Built
1951

Property Description

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.

Additional Information

Area
Santa Monica (C14)
Stories
Two Levels
Interior Features
BedroomonMainLevel
Community Features
Street Lights, Sidewalks
View
Ocean
Heating
Wall Furnace
Water
Public
Sewer
Public Sewer
School District
Santa Monica-Malibu Unified

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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