860 3RD Street

    Santa Monica, CA 90403
    • $13,250,000
    • STATUS: Active
    • ON SITE: 19 days
    • ID#: 19514682
    UPDATED: 15 min ago
    $13,250,000
    • 0
      BEDS
    • 0.52
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    DEV SITE: 22,527++G++G+- SF Corner Lot SM - 3 Blocks to Beach. Price Reduced by $1.25MM! 858-860 3rd Street is located in Santa Monica, and sits on a 22,527 sf corner lot, just three blocks from the ocean, 1 block to Montana Avenue, and walking distance to the shops, restaurants, & entertainment of the Third Street Promenade & Ocean Avenue. The seller pursued entitlements for 24 luxury condos, comprised of two buildings with a central courtyard (24 luxury condos total). Architectural plans and approval conditions are available on the property website. There is currently an existing value-add garden style apartment community of 28 units, which was built in 1954 and features a unit mix of spacious 14 - one bedroom, one bath and 14 - two bedroom, one bath units. Some of the units have been upgraded with new kitchen cabinets, marble quartz countertops, glass back splash, and stainless-steel appliances, new flooring throughout and air conditioning. 2nd APN: 4292-024-010 (858 3rd St).

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-15T15:37:43.247. 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 J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/99342294

    860 3RD Street Santa Monica, CA 90403

    • Price: $13,250,000
    • Status: Active
    • Updated: 15 min ago
    • ID#: 19514682
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.52
    Acres
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    DEV SITE: 22,527++G++G+- SF Corner Lot SM - 3 Blocks to Beach. Price Reduced by $1.25MM! 858-860 3rd Street is located in Santa Monica, and sits on a 22,527 sf corner lot, just three blocks from the ocean, 1 block to Montana Avenue, and walking distance to the shops, restaurants, & entertainment of the Third Street Promenade & Ocean Avenue. The seller pursued entitlements for 24 luxury condos, comprised of two buildings with a central courtyard (24 luxury condos total). Architectural plans and approval conditions are available on the property website. There is currently an existing value-add garden style apartment community of 28 units, which was built in 1954 and features a unit mix of spacious 14 - one bedroom, one bath and 14 - two bedroom, one bath units. Some of the units have been upgraded with new kitchen cabinets, marble quartz countertops, glass back splash, and stainless-steel appliances, new flooring throughout and air conditioning. 2nd APN: 4292-024-010 (858 3rd St).
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet View See Remarks View YN Yes

    Property Features

    Association Fee 0.00 Special Listing Conditions Standard Zoning Smr3*

    Listing provided courtesy of Adrienne Barr of Berkadia


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-15T15:37:43.247. 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 J1 REALTY GROUP. Licensed in the State of California, USA.
     
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