1114 Ozone Avenue, Santa Monica, CA 90405

$1,650,000 Asking Price

4 beds
2 baths
1,540  sqft
Built in 1942

Price Reduction! Lowest-priced vacant property in Santa Monica 90405! 2 Detached Houses at 1,540 SF on a large ~5,400 SF lot on one of the best streets in Sunset Park. Amazing opportunity for owner-users and investors to Fix & Save with the renovated duplexes in the area selling for ~2.5M! Or you can do a new construction ground-up project/major addition and resale it for ~4M. Nestled mid-block on a tranquil, tree-lined cul-de-sac you will find a property that is currently configured as a duplex with a front house gutted and ready for renovation and the back house in original condition, combined the two structures are 1,540 square feet of interior living space situated on a ~5,400 square-foot lot. Surrounded by beautifully updated homes, this property presents a unique opportunity to create your ideal living environment in one of Santa Monica's most desirable and up-and-coming neighborhoods. Located east of Lincoln Boulevard, you'll have easy access to vibrant dining and shopping, including Whole Foods and local favorites like Cafe Gratitude and the new Tartine bakery. Enjoy the sports fields and playgrounds at nearby Marine Park or attend outdoor social events at Penmar Golf Course, all while being less than a mile from the beach, Abbot Kinney, and dynamic Rose Avenue. Whether you choose to restore, rebuild, or reimagine, the potential here for a coastal oasis is substantial.

Features & Amenities

Interior

Laundry:
See Remarks
A/C:
false, None
Heating:
false, None
Fireplace:
None

Exterior

General:
None
Style:
Ranch
Pool:
None
Parking:
Driveway, Parking spaces: 0

Construction

General:
1

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
SMR1*, 4285035020
View:
None

Utilities

Sewer:
Other

Financial

Source:
CRMLS

This listing courtesy of:
ENGEL & VÖLKERS Santa Monica, Sandra Miller

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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