825 Ocean Avenue

Santa Monica, CA 90403

About this property

Breathtakingly located on a bluff overlooking the sparkling Pacific Ocean, 825 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 11,257 SF lot with SMR3 zoning currently houses a 2-story, 6,593 SF structure previously utilized as an assisted living community. Built in 1951, this structure includes 20 individual suites, including 3 450 SF, ocean-view penthouse units renovated in 2020/2021. With tremendous view potential and a truly iconic location within easy walking distance of world-renowned shopping, dining & nightlife, 825 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 (11,202 SF) and opportunity is available just 4 blocks north at 413 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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$7,999,000 Active
20 Beds
6,593 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 |

$ 7,999,000
This listing is play_arrow 888.8% higher than the average in the area
$ 809,000 in the area
6,593 SqFt
This listing is play_arrow 741.5% larger than the average in the area
784 SqFt in the area
$ 1,213 $/SqFt
This listing is play_arrow 16.4% more than the average in the area
$ 1,042 $/SqFt in the area
341 days on site
This listing is play_arrow 1140.0% above the average in the area
28 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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