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Listed by John Boyett • Datashare CR Default Office Don't Delete
$ 2,500,000
Est. payment | /mo
7,502 SqFt
$ 2,500,000
Est. payment | /mo
7,502 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 7,502 sqft
Price per Sqft $333
MLS Listing ID CL25509279
HOA Y/N No
Originating Board Datashare CLAW
Lot Size 7,502 Sqft
Property Sub-Type Unimproved Land
Property Description
A (RTI) development site, presenting a rare opportunity to develop a Mixed-Use property with 10 Large Luxury One-Bedroom One-Bathroom Units as well as 1,600 square feet of Ground Floor Retail/Office space. This property presents a pristine canvas for development with the ability to avoid the entitlement process by pursuing existing plans or Investors can view the land through their own creative lens and develop a trophy asset in Mid City Santa Monica. Project Description-RTI-ready to issue permits to build a Three Story mixed-use project. The ground level designated for 1,600 Square Feet of Retail/Office space and the 2nd and 3rd floors containing10 residential units. Lastly the current plans provide Subterranean Parking with a total of 20 parking spaces. Existing plans will be provided upon request. Zoned as Mixed-Use Boulevard Low (MUBL) - This Zoning District is intended to facilitate the transformation of sections of boulevards into vibrant, highly walkable areas with broad, pedestrian-friendly sidewalks, trees, landscaping, and local-serving uses with new buildings that step down in relationship to the scale and character of adjacent low-density neighborhoods. Allowable ground floor uses include active, local-serving retail, open spaces such as plazas, service-oriented comme
Location
State CA
County Los Angeles
Interior
Fireplace No
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