2005 4th Street, Santa Monica, CA 90405
List Price: $1.9M
Listing Status: Active
Original List Price: $2.19M
0Days on Market: 31
0 Bedrooms · 0 Bathrooms
Property Type: Land
Lot Size: 5,328 sq ft
MLS Number: 26867165
About This Property
RESTORE 3 1924 BUNGALOW COTTAGES? BUILD 3 CONDOS + 1 JR ADU? BUILD MORE UNITS? SB 79 ALLOWS FOR DENSITY BONUS (MORE UNITS) BUILT NEAR TRANSIT STOPS, may apply. 4 BLOCKS TO BEACH. 3 Cottages, vacant and currently not habitable. Property has water, sewer, electric and gas lines intact. HIGHEST AND BEST USE: Build MULTI UNIT taking advantage of NEW CA DENSITY BONUSES (8 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). Not on market in 60 years. 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 not guaranteed of course; do your own investigations & verify all with City of Santa Monica.
Listing provided by: Suzette Kitselman DRE #00715435 310-820-6651 Info@SuzetteSellsLA.com, Coldwell Banker Realty
Source: CRMLS, MLS #: 26867165
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.
