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1512 Euclid Street

Santa Monica, CA 90404
  • $3,500,000
  • STATUS: Active
  • ON SITE: 74 Days
  • ID#: 23339175
UPDATED: 68 min ago
$3,500,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Steven D. Ito of Coldwell Banker Realty (424-280-7400)


Description

Development Opportunity! Prime Santa Monica infill location. Plans with ready to issue permits per owner, to build a 10-unit luxury mixed use development with 1500 square foot retail/office space with 20-parking spaces. Property consist of 10-large one-bedroom luxury apartments with balconies and 1500 square feet of office/retail space. The project was designed by noted global architectural firm HLW. Located in close proximity to the new construction commercial developments along the Colorado Ave corridor. Close proximity to the Santa Monica light rail providing easy access to Westwood, mid-Los Angeles, and Downtown Los Angeles. Owner diligently saw the property through the challenging Santa Monica entitlement process (5 years). The property is ready to be demolished and permits are in a "Ready to Issue Status" per owner. Santa Monica new construction is always a sought after asset class, especially when designed by a noted Global Architectural firm such as HLW. Seller financing is available!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-27T08:26:59.753. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
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1512 Euclid Street Santa Monica, CA 90404

  • Price: $3,500,000
  • Status: Active
  • On Site: 74 Days
  • Updated: 68 min ago
  • ID#: 23339175
0
Beds
0
Baths
0
½ Baths
0.17
Acres
Neighborhood:
C14 - Santa Monica
County:
Los Angeles
Area:
C14 - Santa Monica
Property Description
Development Opportunity! Prime Santa Monica infill location. Plans with ready to issue permits per owner, to build a 10-unit luxury mixed use development with 1500 square foot retail/office space with 20-parking spaces. Property consist of 10-large one-bedroom luxury apartments with balconies and 1500 square feet of office/retail space. The project was designed by noted global architectural firm HLW. Located in close proximity to the new construction commercial developments along the Colorado Ave corridor. Close proximity to the Santa Monica light rail providing easy access to Westwood, mid-Los Angeles, and Downtown Los Angeles. Owner diligently saw the property through the challenging Santa Monica entitlement process (5 years). The property is ready to be demolished and permits are in a "Ready to Issue Status" per owner. Santa Monica new construction is always a sought after asset class, especially when designed by a noted Global Architectural firm such as HLW. Seller financing is available!
Exterior Features

Lot Features Flat Parking Total 0 Topography Level View None View YN No

Property Features

Additional Parcels YN No Association YN No Buyer Financing Cash Disclosures Seller Disclosure Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Entry Only Listing Terms CashOwner Will CarrySubmit New Construction YN No Senior Community YN No Sewer Other Special Listing Conditions Standard Water Source Public Zoning SMBCD*



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-27T08:26:59.753. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
 
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Team Tami | Palm Realty Boutique
323 Culver Blvd.
Playa del Rey CA, 90293
Listing Agent(s): Steven D. Ito of Coldwell Banker Realty (424-280-7400)