1626 California Avenue, Santa Monica, CA 90403

$2,395,000 Asking Price

2 beds
1 bath
952  sqft
Built in 1923

MOTIVATED SELLER - Fantastic opportunity to build your dream home in the prestigious and popular north of Wilshire, Santa Monica area. Ready to Issue plans include a 3 bedroom 4 bathroom open modern floor plan charming home situated on a 5,011 sq ft. lot and offers tremendous potential to live in a great neighborhood. Plans also include a large ADU suitable for in-laws or rental. Project is located in prime Santa Monica, walking distance to boutiques, shopping, fine dining, beaches, and parks. Top rated Santa Monica Franklin Elementary and Lincoln Middle Schools are nearby. This Structure of Merit existing house is eligible for Mills Act that may reduce property taxes. (Buyer to verify.) This rare opportunity is being offered for a limited time as it is being sold with complete architectural plans. The permits are ready to be issued, saving you at least 1.5 - 2 years, carrying and entitlement costs. This planned luxurious estate, traditional in exterior style, boasts a total square footage of 2407 sq. ft. and sits on a 5,011 sq. ft. flat lot. This remarkable property offers an abundance of amenities and features that will exceed your expectations. With 3 bedrooms, 4 bathrooms, and an ADU there is ample space for your family and guests to feel comfortable and at home. There is a dedicated first floor office space perfect for those who work from home requiring a private workspace or maybe a fourth guestroom or gym. A resort-style backyard could be created to add a touch of relaxation and tranquility to the property. Don't miss the opportunity to own this unique project that effortlessly combines luxury, value, functionality, and convenience.


Features & Amenities

Interior

Laundry:
None
Flooring:
Wood
A/C:
false, None
Fireplace:
None
Disability Feature:
None

Exterior

General:
None
Style:
Bungalow
Pool:
None
Parking:
Parking spaces: 2

Construction

General:
Lap Siding, 1, Raised

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
SMR2*, 4281004002
View:
None
Fencing:
Block

Financial

Source:
CRMLS

This listing courtesy of:
Michael J Kent Realty, Michael Kent

About Santa Monica, CA

Housing

Number of Units
51,540
Median Home Value
$1,075,221
Median Rent
$1,791

71.62% of housing units are renter occupied.

9.73% are vacant.

Commute

Car
43.09%
Public Transportation
2.14%
Walk to Work
4.12%
Work from Home
47.68%
Other
0.66%

The median travel time to work is 15 minutes.

People

Population
93,621
Median Age
41.10
Median Household Size
2.18

Education

High School
7.79%
Associate’s Degree
5.28%
Bachelor’s Degree
39.05%
Graduate Degree
30.20%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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