122 Strand Street Santa Monica, CA $ 2,150,000
122 Strand Street
$ 2,150,000
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122 Strand Street

Santa Monica, CA, 90405
$ 2,150,000
Baths0.0 Sq 100

Monthly Estimate*

$ 15,018

Listed by Palm Realty Boutique, Inc.
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Studio

Multi-Family Home for sale in Santa Monica, CA

for $2,150,000. This 100 square foot home was built in 1952 on a lot size of 0.1399.

Shovel Ready development opportunity Located in one of LA's most prestigious neighborhoods-Ocean Park in Santa Monica, this rarely available development lot is entitled and ready to be built tomorrow-Just steps away from the beach, Santa Monica's main street with its trendy boutiques and famed restaurants. Prime for immediate development-this lot comes with fully entitled plans outlining a two-story, three unit condominium project with subterranean parking and private outdoor space. The plan design by iconic Santa Monica Based Architecture Firm-Mike Folonis Architects truly maximize the potential of this rare lot so close to the beach. Centered in the midst of so many attractions including, the Strand bike path with 22 miles of inspiring coastal scenery, the World Famous Santa Monica Pier, Shutters On the Beach Hotel, Casa Del Mar Hotel, The Viceroy, 3rd Street Promenade and famed Abbot Kinney neighborhood, this property is truly unique. //Property specs are as follows: Unit 1: 2 Bedrooms, 3.5 bathrooms, 2,110 sq ft living space, Patio (front) 541 sq ft, Patio (side) 232 sq ft, 2nd Floor Deck 135 sq ft, Roof Deck 164 sq ft. // Unit 2: 2 Bedrooms, 2.5 bathrooms, 1,530 sq ft living space, Patio (side) 241 sq ft. // Unit 3: 2 Bedrooms, 2.5 bathrooms, 1,275 sq ft living space, Patio (rear) 736 sq ft. Each unit comes with a two-car garage. Plans, Permits, and supporting documents available upon request-link provided.

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Multi-Family Active

Price

$ 2,150,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Triplex

Lot Size

0.1399

Year Built

1952

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

SB24023354

Days on Market

92

Features
General
Sewer PublicSewer
Cooling None
Zoning SMOP3*
HOA 0.0
Garage Spaces 0.0
Pool Features None
Year Built 1952
View Ocean
Levels ThreeOrMore
Property SubType Triplex
Community Features Biking Curbs Park StormDrains StreetLights Sidewalks
County Los Angeles
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Neilson to Strand
City Santa Monica
Entry Location na
View Y/N Y
Senior Community Y/N N
High School District Santa Monica-Malibu Unified
Total Units 3
MLS Area C14 - Santa Monica
Lot Size Square Feet 6093.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Strand
Listing Terms Cash Conventional Contract OwnerMayCarry
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 75
Structure Type Triplex
Standard Status Active
Occupancy Description Owner
Year Built Source PublicRecords
Tax Lot 1
Property Sub Type Additional Triplex
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Exterior
Lot Features Item25UnitsAcre
Water Source Public
Total Parking 0.0
Inclusions Paperwork for Architectural Plans Permits and Supporting Documents
Lot Size Area 6093.0
Spa N
Lot Size Acres 0.1399
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features None
Total Stories 0
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Full Baths 0
Street Suffix Street
Laundry Features None
Total Bedrooms 0
Entry Level 1
Electric On Property Y/N N
Main Level Bedrooms 2
Main Level Bathrooms 2
Total Baths 0
Living Area Units SquareFeet
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Internal Only
Street Number 1 122
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* Excluded Features
List By
Palm Realty Boutique, Inc.

Broker

(310) 902-0084

Phone

Affordability Calculator

$15,018
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,018
Monthly Property Taxes
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4339051 Elementary School
4338635 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2024$2,150,000 -4.44% Price Down
3/11/2024$2,250,000 -6.25% Price Down
2/1/2024$2,400,000 Listed Price

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122 Strand Street, Santa Monica, CA, 90405 is a Multi-Family Home for sale at $2,150,000 with 100 sqft and a lot size of 0.1399. 122 Strand Street is a studio with 0.0 baths and was built in 1952. The property's zip code is 90405 which is in Santa Monica, CA