Santa Monica, CA 90401,24 ARCADIA TER

$2,375,000

$2,245,000

5.8%
Est.Price: ?

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Est. payment /mo

4,051 Sqft Lot


SOLD DATE : 03/21/2014

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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California Regional MLS (CRMLS)
Listed by David Solomon • Berkshire Hathaway HomeService
Bought with Caroline Weaver • Bulldog Realtors, Inc.
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