413 Ocean Avenue

Santa Monica, CA 90402

About this property

Breathtakingly located on a bluff overlooking the sparkling Pacific Ocean, 413 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 11,202 SF lot with SMR4 zoning currently houses a 2-story, 13,052 SF structure previously utilized as an assisted living community. Built in 1959, this structure includes 29 individual suites, including 26 with balconies and ocean views, which is no longer operational. With tremendous view potential and a truly iconic location within easy walking distance of world-renowned shopping, dining & nightlife, 413 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 (11,257 SF) and opportunity is available just 4 blocks south at 825 Ocean Avenue. Take a look at both before deciding which of these bluff top beauties speaks to you the most.

Features and Additional Information

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$8,500,000 Pending
29 Beds
13,052 SQFT

Presented By Country Air Properties

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eXp Realty of California, Inc 310-798-1277
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Area Information

C14 Santa Monica | Los Angeles County |

$ 8,500,000
This listing is play_arrow 623.4% higher than the average in the area
$ 1,175,000 in the area
13,052 SqFt
This listing is play_arrow 1340.6% larger than the average in the area
906 SqFt in the area
$ 651 $/SqFt
This listing is play_arrow 49.8% less than the average in the area
$ 1,297 $/SqFt in the area
336 days on site
This listing is play_arrow 180.0% above the average in the area
120 days on site in the area

Schools in the Area

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Listed By Edward Kaminsky
Brokerage: eXp Realty of California, Inc 310-798-1277

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