Silicon Beach Properties
Tracy Thrower Conyers • CalBRE #01712960
424 214 3160424 214 3160
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Silicon Beach Properties
buy. sell. lease. residential in silicon beach.

423 Ocean Avenue, Santa Monica, CA 90402 (MLS # 818005507)

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PRICE $16,000,000
BEDS 28
BATHS 18 baths
HOME SIZE n/a
LOT SIZE 22,464 sqft

423 Ocean is a generational opportunity to acquire a vacant 16-unit apartment building with underlying entitlements for 12 condominium units located on prime Ocean Avenue, north of Montana Avenue, in the City of Santa Monica. The existing apartment units have been vacated pursuant to the Ellis Act in anticipation of building the condominium project. A future Buyer will have the option of rehabbing the existing units and re-leasing them at current market rents (subject to rent control going forward) or executing the approved condominium development plan. The existing buildings are designated historical landmarks, which have been incorporated into the future development plan.

DAYS ON MARKET Login to view Days on Market LAST UPDATED 11/12/2018
TRACT Not Applicable - 1007242 YEAR BUILT 1936
COMMUNITY Santa Monica GARAGE SPACES 15.0
COUNTY Los Angeles TOTAL PARKING 30
STATUS Active PROPERTY TYPE(S) ResidentialIncome


ADDITIONAL DETAILS
GARAGESPACES 15.00
LANDLEASEAMOUNT 0.00
LANDLEASEYN 0
LEVELS Two
LISTAGENTSTATELICENSE 01301749
LOTSIZEUNITS Square Feet
MLSAREAMAJOR C14 - Santa Monica
PARCELNUMBER 4293007019
PROPERTYTYPE Residential Income
SPECIALLISTINGCONDITIONS Standard
VIEW Bluff, Ocean, Panoramic, Park Or Green Belt, Water


54 Somewhat Walkable

SATELLITE VIEW



 
CONTACT US ABOUT 423 OCEAN AVENUE
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Listing provided by : Richard Byrd License # 01301749, Park Place Partners, Inc.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 12/18/18 4:40 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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