$2,375,000
$2,245,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
24 ARCADIA TER Santa Monica, CA 90401
4,051 Sqft Lot
Key Details
Sold Price $2,375,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 13720629
Sold Date 03/21/14
HOA Y/N No
Year Built 1900
Lot Size 4,051 Sqft
Property Description
Rare opportunity to purchase prime ocean view ready to build Beach area lot, steps from the sand. Located on Santa Monica's ONLY gated private walk street; a hidden gem surrounded by an urban paradise. Zoned R3 (3 story multi-family zoning) to allow for single family, condos, or apts. Stunning views would inc ocean, surf, beach, & pier views along the 90 ft of frontage. This parcel was used as a garden to the house next door for over 100 years & has never been developed. NO Ellis, NO unit to demo, NO Landmark filing, NO construction moratorium, etc. NO Architectural Review Board approval needed if single family residence is built. Custom home of approx. 4000sf possible, at cost far below any comparable house on the market. Ideal slope towards beach allows for huge basement possibility with plenty of parking. World class location across from the newly developed "Ocean Avenue South", Tongva Park, Santa Monica Pl, 3rd St Promenade, Farmers Market, luxury hotels, the list can go on and on.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning R3
Interior
Heating None
Cooling None
Flooring See Remarks
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Parking Features Other
View Y/N Yes
View Landmark
Building
Architectural Style See Remarks
Others
Tax ID 4290018017
Special Listing Condition Standard
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Bought with Caroline Weaver • Bulldog Realtors, Inc.