413 Ocean Avenue
413 Ocean Avenue
$8,500,000
11,212 / 0.26
Description
Breathtakingly located on a bluff overlooking the sparkling Pacific Ocean, 413 Ocean Avenue is an unprecedented opportunity to build your coastal dream estate (pending city approval) on Santa Monica’s prestigious Ocean Avenue. This 11,202 SF lot with SMR4 zoning currently houses a 2-story, 13,052 SF structure previously utilized as an assisted living community. Built in 1959, this structure includes 29 375 SF suites, including 26 with balconies and ocean views. With tremendous view potential and...Breathtakingly located on a bluff overlooking the sparkling Pacific Ocean, 413 Ocean Avenue is an unprecedented opportunity to build your coastal dream estate (pending city approval) on Santa Monica’s prestigious Ocean Avenue. This 11,202 SF lot with SMR4 zoning currently houses a 2-story, 13,052 SF structure previously utilized as an assisted living community. Built in 1959, this structure includes 29 375 SF suites, including 26 with balconies and ocean views. With tremendous view potential and a truly iconic location within easy walking distance of world-renowned shopping, dining & nightlife, 413 Ocean Avenue is the blank canvas your dreams have been waiting for. Whether your goals include multi-family redevelopment, land banking or a future dream home, this Santa Monica gem is the answer. Note: believe it or not, a second ocean-view property of similar size (11,257 SF) and opportunity is available just 4 blocks south at 825 Ocean Avenue. Take a look at both before deciding which of these bluff top beauties speaks to you the most.
- Listed by Edward Kaminsky • DRE #00958114 • Brokerage DRE #01878277 • eXp Realty of California, Inc • 310-427-2414
Property Details for 413 Ocean Avenue
View
Ocean
Lot Size SourceAssessor
Assessor Parcel Number4293-007-021
New ConstructionNo
PoolNo
ViewYes
AssociationNo
Association Fee$.00
Location
LISTING UPDATED: 04/29/2024 05:52 AM
Property Details for 413 Ocean Avenue
Status | Active |
---|---|
MLS # | SB23083585 |
Days on Market | 334 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land Lot |
Year Built | - |
Lot Size | 0.26 AC |
County | Los Angeles County |
Location
Building Information for 413 Ocean Avenue
Lot Size0.26 AC
Payment Calculator
$55,653 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 413 Ocean Avenue
Property History for 413 Ocean Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 413 Ocean Avenue
Taxable ValueLand$7,658,699Additions$1,767,390Total$9,426,089
Tax Record2023$111,184 ($9,265 / month)
Home Facts
Beds29Total Finished SqFt13,052 SqFtAbove Grade Finished SqFt13,052 SqFtStories1Lot Size11,212 SqFtStyleMiscellaneous ResidentialZoningSMR4*CountyLOS ANGELESAPN4293-007-021
Schools near 413 Ocean Avenue
This home is within Santa Monica-Malibu Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Roosevelt Elementary School PublicK to 5 | ||
Lincoln Middle School Public6 to 8 | ||
Santa Monica High School Public9 to 12 | ||
Santa Monica Alternative (K-8) School PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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