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 or rehab the existing 16 units. The existing 16 units are comprised of (4)2+1 townhouse-style units, (4) 2+1, and (8) 1+1. Buyer to verify the current unit mix.
Courtesy of Keller Williams-Santa Monica, Chase Simonton - CA DRE#01766871
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