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413 Ocean
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$8,500,000

413 Ocean

29 Beds 24 Baths 13,052 Sq.Ft.

Description

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 Monica’s prestigious Ocean Avenue. One of Los Angeles, California most Iconic locations. No one comes to LA without driving past this infamous stretch of the coast. 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 individual suites, including 26 with balconies and ocean views, which is no longer operational. 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, a luxury condo development, 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.

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Location

413 Ocean, Santa Monica, CA 90402

Status

For Sale
Betsy Nava-Flores

Betsy Nava-Flores

TITLE

Associate Broker

Property Amenities

Interior
Total Bedrooms: 29
Full Bathrooms: 24
Area & Lot
Living area 13,052 Sq.Ft.
Type Residential
Status For Sale
Finance
Sales Price $8,500,000
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Schedule a Showing

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Thank you for your interest in 413 Ocean, Santa Monica, CA 90402. We are reviewing your request and will be in touch shortly!

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Harvest Luxury Group serves our community in all aspects of Real Estate, from first-time home buyers, to hedge fund investors, We enjoy serving as the preferred real estate expert in our arena.