210 California Avenue #1, Santa Monica, CA 90403 (MLS # OC24077809)
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Price Reduced by $750,000100% Vacant—The property was vacated utilizing the Ellis Act guidelines in 2019, providing new ownership multiple investment strategies.Potential Redevelopment Site— 210 California provides a wide range of investment strategies for new owners, including renovating the current building or redeveloping the site. Santa Monica, which was granted a prohousing designation by the Governor in February of this year, has made its development process more efficient. This allows for the possibility of receiving additional funding and faster approval for new housing developments.Walkable, Vibrant and Highly Amenitized Neighborhood— Santa Monica offers a picturesque beach town setting with a plethora of attractions, renowned shopping, dining options, vibrant nightlife, and entertainment venues. Those residing in 210 California benefit from convenient access to various lifestyle amenities, whether by foot, bike, or car. The Third Street Promenade, located just a short 5-minute walk away, provides an ideal destination for upscale shopping, dining, and entertainment. This pedestrian-friendly area, situated east of the Pier, comprises three car-free blocks and is centered around Santa Monica Place, which houses over 80 retailers. Starting at the Santa Monica Place shopping center, the Third Street Promenade extends northward towards Wilshire Blvd.
| DAYS ON MARKET | 14 | LAST UPDATED | 4/23/2024 |
|---|---|---|---|
| YEAR BUILT | 1962 | COMMUNITY | Santa Monica |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Apr 23, '24 | $7,250,000 |
|---|---|
| Apr 23, '24 - Today | $6,500,000 |
| ADDITIONAL DETAILS | |
| AREA | Santa Monica |
|---|---|
| BUYER'S BROKERAGE COMPENSATION | 2.000 % |
| GARAGE | Attached Carport |
| HOA DUES | 0 |
| LOT | 7500 sq ft |
| LOT DESCRIPTION | Near Public Transit, Street Level, Value In Land |
| PARKING | Attached Carport |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
| ZONING | SMR3* |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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