FOR SALE
Listed by Richard Warren, Palm Realty Boutique, Inc., (310) 545-2490
122 Strand St
Santa Monica, CA 90405
Santa Monica Pier Area/Ocean Avenue
Studio
100 sqft
- Studio
- 100 sqft
Studio
100 sqft
Local Information
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Description
Shovel Ready development opportunity Located in one of LA's most prestigious neighborhoods-Ocean Park in Santa Monica, this rarely available development lot is entitled and ready to be built tomorrow-Just steps away from the beach, Santa Monica's main street with its trendy boutiques and famed restaurants. Prime for immediate development-this lot comes with fully entitled plans outlining a two-story, three unit condominium project with subterranean parking and private outdoor space. The plan design by iconic Santa Monica Based Architecture Firm-Mike Folonis Architects truly maximize the potential of this rare lot so close to the beach. Centered in the midst of so many attractions including, the Strand bike path with 22 miles of inspiring coastal scenery, the World Famous Santa Monica Pier, Shutters On the Beach Hotel, Casa Del Mar Hotel, The Viceroy, 3rd Street Promenade and famed Abbot Kinney neighborhood, this property is truly unique. //Property specs are as follows: Unit 1: 2 Bedrooms, 3.5 bathrooms, 2,110 sq ft living space, Patio (front) 541 sq ft, Patio (side) 232 sq ft, 2nd Floor Deck 135 sq ft, Roof Deck 164 sq ft. // Unit 2: 2 Bedrooms, 2.5 bathrooms, 1,530 sq ft living space, Patio (side) 241 sq ft. // Unit 3: 2 Bedrooms, 2.5 bathrooms, 1,275 sq ft living space, Patio (rear) 736 sq ft. Each unit comes with a two-car garage. Plans, Permits, and supporting documents available upon request-link provided.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
$21,500
Listed
87 days ago
Home Details for 122 Strand St
Interior Features |
|---|
Beds & Baths Main Level Bedrooms: 2Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 100 Square Feet |
Appliances & Utilities Laundry: None |
Heating & Cooling No CoolingAir Conditioning: None |
Fireplace & Spa Fireplace: NoneNo Fireplace |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Levels: Three Or MoreEntry Location: na |
View Has a ViewView: Ocean |
Exterior Features |
|---|
Exterior Home Features No Private Pool |
Parking & Garage No Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
Days on Market |
|---|
Days on Market: 87 |
Property Information |
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Year Built Year Built: 1952 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Triplex |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Included in Sale: Paperwork For Architectural Plans, Permits, And Supporting DocumentsParcel Number: 4289023025 |
Price & Status |
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Price List Price: $2,150,000Price Per Sqft: $21,500 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: Santa Monica |
School Information High School District: Santa Monica-Malibu Unified |
Agent Information |
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Listing Agent Listing ID: SB24023354 |
Community |
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Community Features: Biking, Curbs, Park, Sidewalks, Storm Drains, Street LightsNot Senior Community |
HOA |
|---|
Association for this Listing: California Regional MLSNo HOAHOA Fee: No HOA Fee |
Lot Information |
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Lot Area: 6093 sqft |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Buyer Agency Commission: 2.5Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: SB24023354Water ViewWater View: OceanAttribution Contact: 310.902.0084 |
Additional Information |
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BikingCurbsParkSidewalksStorm DrainsStreet Lights |
Last check for updates: about 11 hours ago
Listing Provided by: Richard Warren DRE #01518362, (310) 902-0084
Palm Realty Boutique, Inc.
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SB24023354
Price History for 122 Strand St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/17/2024 | $2,150,000 | PriceChange | CRMLS #SB24023354 |
| 03/11/2024 | $2,250,000 | PriceChange | CRMLS #SB24023354 |
| 02/01/2024 | $2,400,000 | Listed For Sale | CRMLS #SB24023354 |
| 01/06/2024 | ListingRemoved | CLAW #23-244793 | |
| 08/24/2023 | $2,750,000 | PriceChange | CLAW #23-244793 |
| 07/04/2023 | $2,498,597 | PendingToActive | CLAW #23-244793 |
| 06/21/2023 | $2,498,597 | Contingent | CLAW #23-244793 |
| 06/16/2023 | $2,498,597 | PriceChange | CLAW #23-244793 |
| 05/29/2023 | $2,498,598 | PriceChange | CLAW #23-244793 |
| 05/26/2023 | $2,498,599 | PendingToActive | CLAW #23-244793 |
| 05/02/2023 | $2,498,599 | Contingent | CLAW #23-244793 |
| 04/22/2023 | $2,498,599 | PriceChange | CLAW #23-244793 |
| 04/15/2023 | $2,499,000 | PriceChange | CLAW #23-244793 |
| 04/05/2023 | $2,795,000 | PriceChange | CLAW #23-244793 |
| 03/28/2023 | $2,994,993 | PriceChange | CLAW #23-244793 |
| 03/20/2023 | $2,994,994 | PriceChange | CLAW #23-244793 |
| 03/17/2023 | $2,994,900 | PriceChange | CLAW #23-244793 |
| 03/15/2023 | $2,995,000 | PriceChange | CLAW #23-244793 |
| 02/24/2023 | $3,750,000 | Listed For Sale | CLAW #23-244793 |
| 02/21/2023 | ListingRemoved | CLAW #22-225839 | |
| 12/21/2022 | $3,600,000 | Listed For Sale | CLAW #22-225839 |
| 03/30/2022 | $2,712,500 | Sold | N/A |
| 03/29/2022 | $2,845,000 | Pending | CLAW #21-761238 |
| 01/19/2022 | ListingRemoved | CLAW | |
| 10/06/2021 | $2,845,000 | Listed For Sale | CLAW #21761238 |
| 07/30/2014 | $2,350,000 | Sold | CLAW #14766303 |
| 01/03/2003 | $35,000 | Sold | N/A |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $33,168 |
| Assessment | $2,766,750 |
Home facts updated by county records
Comparable Sales for 122 Strand St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.35 | Multi-Family Home | $2,200,000 | 09/22/23 | 8 | 8 | 4,828 | |
0.39 | Multi-Family Home | $1,609,000 | 05/04/23 | 7 | 5 | 3,729 | |
0.66 | Multi-Family Home | $2,450,000 | 02/23/24 | 7 | 5 | 4,072 | |
0.66 | Multi-Family Home | $1,855,000 | 08/10/23 | 7 | 5 | 3,011 | |
0.76 | Multi-Family Home | $2,150,000 | 04/22/24 | 8 | 5 | 3,660 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Santa Monica Pier Area/Ocean Avenue
- Trulia User
- Resident
- 2y ago
"I’ve lived in Santa Monica my whole life. There’s still a small sense of community in certain areas of SM. And most people are really nice and friendly "
- Trulia User
- Resident
- 2y ago
"There are concerts and other events held weekly in the summertime on the Santa Monica Pier. Also, walking distance to the promenade!"
- Trulia User
- Resident
- 2y ago
"Great walking on bike path!! And on Ocean avenue!! Many other dogs to play with along the way. I have 2 dogs and they love it!"
- Trulia User
- Resident
- 2y ago
"The sunsets are very nice. The neighbors are friendly. The houses cost an arm and a leg. I need to write 100 characters to submit this so here it is."
- Laquane B.
- Resident
- 3y ago
"It’s a safe place besides the homeless They are a huge problem from the drug use to the feces it’s kind of rough but overall the neighborhood is nice outside of that"
- Saquib H.
- Visitor
- 3y ago
"Lots of places to go for a walk with your dog. Be sure to check lease agreements and community guidelines. If you're lazy with your dog, this ain't the place for you. "
- Yakair
- Resident
- 3y ago
"Lots of homeless and drug users, beware. There is a big problem in the US with drugs and many are coming this way."
- Lauren R.
- Resident
- 4y ago
"Love my neighborhood! Walking distance to everything and beautiful! All apartments and lots so it’s crowded. But we love it!"
- Daniel N.
- Prev. Resident
- 4y ago
"Very difficult commute in the afternoon, if you live here, you should work close by or be ready to spend time in the car (30 minutes for Beverly Hills and 45 to 60 minutes for downtown LA) each way"
- Sheila S.
- Resident
- 4y ago
"The Ocean Park neighborhood in Santa Monica is a beach front area. Unfortunately, the California homeless crisis has impacted this beautiful beach front neighborhood."
- Sheila S.
- Resident
- 4y ago
"the Ocean Park Santa Monica neighborhood is a unique diverse community with in Santa Monica. Restaurant grocery stores and entertainment are all walkable. Beachside restaurants and the ocean for entertainment."
- Izak T. P.
- Visitor
- 4y ago
"This place is always so lively. It feels safe and I like that. The area is nice, the beach is relaxing, the pier is fun, and above all the area itself is the place to be with friends/family. "
- resident
- Resident
- 5y ago
"It’s LOUD and unsafe. Used to be much better- but the area by the Sea Castle apartments/ pier is the worst. Tons of homeless/ junkies... several stabbing recently and vagrants. The beach there isn’t that nice- it’s not worth it. I’m leaving."
- Isabel11us
- Resident
- 5y ago
"I’ve lived here part time for the last 10 years, and love the community and the atmosphere. Walkable everywhere, and this is what we were looking for "
- Bumazka
- Resident
- 5y ago
"Crime free neighborhood, lots of parking, shops schools hospitals and all in walking distance, truly love my neighborhood it’s a place to live and a place to be "
- Sandrosdesigns
- Resident
- 6y ago
"I’ve lived in this neighborhood for years now and it’s always been good here. The rent is going up; and its too much for what one can afford. There has been a few skirmishes with homeless; but in the past 2 years its been managed very well. Neighborhood is always pleasant. "
- Williamlelandedwards
- 11y ago
"Walking distance to the Third St Promenade? 50 restaurants. The Pier. A dozen great hotels? How do you beat this for beauty and walkability.? "
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Richard Warren, Palm Realty Boutique, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
122 Strand St, Santa Monica, CA 90405 is a studio, 100 sqft multi-family built in 1952. 122 Strand St is located in Santa Monica Pier Area/Ocean Avenue, Santa Monica. This property is currently available for sale and was listed by CRMLS on Feb 1, 2024. The MLS # for this home is MLS# SB24023354.