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Listed by: James Allan (310) 704-0007 DRE #01180635 | Compass (310) 437-7500
$7,495,000
22 Beds
- 20 Baths
2,700sqft
153 W Channel Rd, Santa Monica, CA 90402
$7,495,000
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Multi Family
Built in 1960
$-- HOA
17,136 sqft lot
$2,776/sq.ft
Description
Rare development opportunity located in the Santa Monica Canyon located 1/5 Block from the Beach. Property is situated between W Channel Rd and backs onto Chautauqua Blvd.17,136 sq ft total lot size comprised of 4 separate parcels currently with two 4 unit buildings, 1 Single Family house and 1 vacant lot. All parcels are to be sold concurrently together. Santa Monica mailing address but LA City for Building codes. Potential to build 30-59 Units .Current zoning C-2Q would allow 30 Units and R-4 density bonus could allow up to 59 units if parking limits are met. 153 W Channel Rd is a 4 unit Ocean View apartment building with a current gross Income of $139,016 year with 2 ...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1960
HOA Fees
-
Finished Area
2,700 sqft
Lot Size
17,136 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25493967
MLS Status
Active
Days on Market
304
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