2005 4th St, Santa Monica, CA 90405
- $2,195,000
- List Price
- $2,195,000
- MLS#
- 26867165
- Lot Size
- 5,328
- Days on Market
- 0
- Property Type
- Land
Property Description
NOT ON THE MARKET IN 60 YEARS & VACANT; 4 BLOCKS TO BEACH. 3 Cottages, currently vacant & uninhabitable/could be restored. HIGHEST AND BEST USE: Build 4 New Condos (one block away, 1 condo SOLD LAST YEAR FOR $2.5M: check 1919 4th Street). OR build LARGER MULTI UNIT taking advantage of NEW CA DENSITY BONUSES (10 units nextdoor are on the same size lot, some restrictions apply) SB 79 may apply.. Per ARCHITECT, 3 New Units of 1750 +/- sf each can be built PLUS 1 Jr ADU; OR OR RESTORE COTTAGES & add 4th Jr ADU, Rent Short Term (30 days +) for MASSIVE CASH FLOW. NO TENANTS for 60 years means NO low-income & rent control issues IF you build 4 units, but YOU COULD BUILD MORE.. ZONING ANALYSIS ATTACHED (See attached DOCS) from 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 may not be reliable. Do your own investigations & verify with City of Santa Monica. Feel free to call the Architect, name & number on Zoning Analysis in Docs.
/u.realgeeks.media/stevenfoonberg/logo24header2.png)
Additional Information
- View
- None
- Water
- District
Mortgage Calculator
Courtesy of Coldwell Banker Realty, Suzette Kitselman - CA DRE#00715435
The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective properties visitor may be interested in purchasing.Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX)program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).