817 16th Street, Santa Monica, CA 90403
List Price: $3M
Listing Status: Active
0Days on Market: 6
0 Bedrooms · 0 Bathrooms
Property Type: Land
Lot Size: 7,483 sq ft
MLS Number: 26871071
About This Property
Located just off Montana Avenue in one of Santa Monica's most desirable and supply-constrained residential corridors, 817 16th Street presents a rare opportunity to acquire a fully entitled boutique, architectural townhouse-style condominium project in a high-demand neighborhood. The project is comprised of seven market-rate residences plus one affordable unit, over subterranean parking for ten vehicles and a formally approved subdivision tract map. Designed by Breakform Design, the plans reflect a refined, contemporary architectural vision aligned with the expectations of today's luxury Westside buyer. With Planning Commission approvals secured and the property (vacant duplex) removed from the rental market via the Ellis Act, a developer can step in and pivot directly into construction documents and plan check. A substantial portion of the entitlement timeline has been completed, creating a streamlined path to market and a compelling opportunity to capitalize on strong end-user demand in a premier Montana-adjacent location.
Listing provided by: Diana Braun DRE #01362342 310-437-7500 diana.braun@compass.com, Compass
Source: CRMLS, MLS #: 26871071
The listing office is Compass. Belmont Brokerage Inc. (DRE #02431308) provides buyer representation and consultation. Tour and contact requests go to a Belmont agent.