Land — 2005 4th Street, Santa Monica, CA
$2,195,000
2005 4th Street, Santa Monica, CA
About this property
NOT ON THE MARKET IN 60 YEARS & VACANT; 4 BLOCKS TO BEACH. 3 Cottages, currently vacant & uninhabitable/renovation possibility? HIGHEST AND BEST USE: Build MULTI UNIT taking advantage of NEW CA DENSITY BONUSES (10 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). OR Per ARCHITECT, 3 New Units of 1750 +/- sf each could be built PLUS 1 Jr ADU; NO TENANTS for 60 years. ZONING ANALYSIS ATTACHED (See attached DOCS) by 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 all with City of Santa Monica.
Property details
Location
2005 4th Street • Santa Monica, CA 90405
Listed by
Suzette Kitselman · Coldwell Banker Realty