122 Strand Street

Santa Monica, CA 90405

$2,150,000
Price
6,093 / 0.14
Lot Size / Acres

Description

Shovel Ready development opportunity Located in one of LA's most prestigious neighborhoods-Ocean Park in Santa Monica, this rarely available development lot is entitled and ready to be built tomorrow-Just steps away from the beach, Santa Monica's main street with its trendy boutiques and famed restaurants. Prime for immediate development-this lot comes with fully entitled plans outlining a two-story, three unit condominium project with subterranean parking and private outdoor space. The plan design...Shovel Ready development opportunity Located in one of LA's most prestigious neighborhoods-Ocean Park in Santa Monica, this rarely available development lot is entitled and ready to be built tomorrow-Just steps away from the beach, Santa Monica's main street with its trendy boutiques and famed restaurants. Prime for immediate development-this lot comes with fully entitled plans outlining a two-story, three unit condominium project with subterranean parking and private outdoor space. The plan design by iconic Santa Monica Based Architecture Firm-Mike Folonis Architects truly maximize the potential of this rare lot so close to the beach. Centered in the midst of so many attractions including, the Strand bike path with 22 miles of inspiring coastal scenery, the World Famous Santa Monica Pier, Shutters On the Beach Hotel, Casa Del Mar Hotel, The Viceroy, 3rd Street Promenade and famed Abbot Kinney neighborhood, this property is truly unique. //Property specs are as follows: Unit 1: 2 Bedrooms, 3.5 bathrooms, 2,110 sq ft living space, Patio (front) 541 sq ft, Patio (side) 232 sq ft, 2nd Floor Deck 135 sq ft, Roof Deck 164 sq ft. // Unit 2: 2 Bedrooms, 2.5 bathrooms, 1,530 sq ft living space, Patio (side) 241 sq ft. // Unit 3: 2 Bedrooms, 2.5 bathrooms, 1,275 sq ft living space, Patio (rear) 736 sq ft. Each unit comes with a two-car garage. Plans, Permits, and supporting documents available upon request-link provided.
  1. Listed by Richard Warren • DRE #01518362 • Brokerage DRE #01834818 • Palm Realty Boutique, Inc. • 310.902.0084

Property Details for 122 Strand Street

View
Ocean
Lot Size Source
Assessor
Assessor Parcel Number
4289-023-025
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00

Location

Listing Courtesy of Palm Realty Boutique, Inc., Richard Warren, DRE #01518362
Add your commute
LISTING UPDATED: 04/16/2024 01:52 PM

Property Details for 122 Strand Street

StatusActive
MLS #SB24016094
Days on Market91
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.14 AC
CountyLos Angeles County

Location

Listing Courtesy of Palm Realty Boutique, Inc., Richard Warren, DRE #01518362
Add your commute

Building Information for 122 Strand Street

Lot Size0.14 AC

Payment Calculator

$14,497 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,733

Property Taxes

$2,764

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 122 Strand Street

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Census Tract: 7020.02
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Dog Park, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Urban
Property / Structure Info
Exterior Features
  • View Description: Ocean
Distance To
  • Distance To Water: santa monica
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: 2-5 Units/Acre
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Water Source: Public
Parking Info
  • Carport Spaces: 0

Property History for 122 Strand Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 122 Strand Street

Taxable ValueLand$1,935,450Additions$831,300Total$2,766,750
Tax Record2023$33,168 ($2,764 / month)
Home Facts
Total Finished SqFt2,941 SqFtAbove Grade Finished SqFt2,941 SqFtLot Size6,091 SqFtStyleQuadraplexYear Built1952ZoningSMOP3*CountyLOS ANGELESAPN4289-023-025

Schools near 122 Strand Street

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
John Muir Elementary School
PublicK to 5

John Adams 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.

Similar Homes

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122 Strand Street is a 0.14 ac of land for sale in Santa Monica, CA 90405. This property was listed for sale on January 30, 2024 by Palm Realty Boutique, Inc., it's currently listed at $2,150,000. It has been on the market for a total of 91 days and was last sold on March 30, 2022. This listing's school district is Santa Monica-Malibu Unified School District. Nearby schools include John Muir Elementary School, John Adams Middle School and Santa Monica High School. 122 Strand Street is a 0-bed, 0-bath, 0.14 ac of land on a 6,093 sq. ft. / 0.14 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Palm Realty Boutique, Inc., Richard Warren, DRE #01518362

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.