Santa Monica CA Real Estate & Land for Sale

Nestled in the prestigious North of Montana neighborhood, this exceptional property offers an unparalleled opportunity to realize your vision of a dream estate. Approved for immediate construction with RTI (ready to issue) permits, this project features plans for an impressive 6,300 SqFt architectural Modern-barn residence on an expansive 7,500 SqFt lot. Thoughtfully crafted for the most discerning buyer, the design includes 7 bedrooms, 8 bathrooms, a Theatre, Gym, Pool, and an ADU complete with a full kitchen, bedroom & bath. The layout is perfect for family gatherings and entertaining.This prime location is just steps away from the upscale dining, shops, and cafes of Montana Ave, as well as the Riviera Country Club, Brentwood Country Mart, Santa Monica Stairs, and Brentwood Country Club. The neighborhood's walkability and proximity to top attractions are unmatched. Don't miss this extraordinary chance to create your family's legacy in one of the most coveted Westside neighborhoods.

Rare development opportunity located in the Santa Monica Canyon located 1/5 Block from the Beach. Property is situated between W Channel Rd and backs onto Chautauqua Blvd.17,136 sq ft total lot size comprised of 4 separate parcels currently with 2x 4 unit buildings, Single Family house and vacant lot. All parcels are to be sold concurrently together. Santa Monica mailing address but LA City real for Building codes. Potential to build 30-59 Units .Current zoning C-2Q would allow 30 Units and R-4 density bonus could allow up to 59 units if parking limits are met. 153 W Channel Rd is a 4 unit Ocean View apartment building with 2 units delivered vacant at close with a current gross Income of $134,864 year with 2 units vacant at close of escrow.157 W Channel Rd is a 2 story 1928 4 unit Building with Canyon and Ocean Views with current gross income of $142,867 with 2 units being delivered vacant at close. (Market rent for vacant units being used for current Income) Total Income of $277,731 for the 8 Units. The 3 Bd 2 Ba Single Family w/ some Ocean View, home approx. 1500 sq ft (Owners Home) vacant at close of escrow with projected rent of $96,00 yearly with a total of $373,000 Gross income at a 3.1 cap with Additional vacant 4488 sq ft lot being used as a garden. Potential market rent at $444,000 at 4 cap. Preliminary Development feasibility for the property has been conducted and renderings provided by Ketter Construction and development firm at 30 Units with 1 Commercial space and a Gym which could later be converted to ADU.

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 Monicas prestigious Ocean Avenue.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 29 375 SF suites, including 26 with balconies and ocean views.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, 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.