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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$1,750,000
Est. payment /mo
3 Beds
3 Baths
5,328 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26101864

Style California Bungalow

Bedrooms 3

Lot Size 5,328 Sqft

Acres 0.1223

Property Sub-Type Multi-Family

Property Description

3 VACANT COTTAGES; with MANY POSSIBILITIES: RESTORE 3 1924 BUNGALOW COTTAGES? BUILD 3 CONDOS + 1 JR ADU? BUILD MORE UNITS? SB 79 allows for density bonuses (MORE UNITS) built near transit stops, and probably applies here/you investigate. 3 Cottages, vacant and currently not habitable; great restoration project. Property has water, sewer, electric and gas lines intact, new roofs. 4 BLOCKS TO BEACH & Prime MAIN STREET, SaMoHi and DOWNTOWN SANTA MONICA very close, PCH & 10 access. 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; per ARCHITECT from SANTA MONICA ARCHITECTURAL REVIEW BOARD; exceptions for lot width may apply; Parking access from cul-de-sac Alley. Statements from this listing not guaranteed of course; do your own investigations & verify all with City of Santa Monica.

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMOP2*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Flooring Wood

Equipment None

Exterior

Parking Features Other

Garage Spaces 4.0

View Y/N No

View None

Building

Story 1

Water District

Architectural Style California Bungalow

Level or Stories One

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Coldwell Banker Realty
Gabriel Colombo

Gabriel Colombo

Agent License ID: 02266753

+1(213) 259-6619

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2005 4th St