$1,420,000
$1,595,000
11.0%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
1,623 SqFt
SOLD DATE : 10/02/2024
Key Details
Sold Price $1,420,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,623 sqft
Price per Sqft $874
MLS Listing ID 24374921
Sold Date 10/02/24
Bedrooms 3
Construction Status Fixer
HOA Y/N No
Lot Size 4,996 Sqft
Property Description
TO BE DELIVERED FULLY VACANT TRIPLEX 726 Pier Ave presents an outstanding development opportunity in the highly sought-after Ocean Park neighborhood of Santa Monica.Situated on a spacious lot west of Lincoln, this property offers endless possibilities for those looking to build their dream home or explore multi-unit development. With its desirable zoning (SM0P2) and prime location, this opportunity shouldn't be overlooked.The existing structure is a triplex, to be delivered vacant. This opens up a unique chance for renovation, expansion, or new construction, appealing to investors, developers, or homeowners.Additionally, the property's location provides easy access to Santa Monica's attractions, including the Santa Monica Pier and Third Street Promenade. The nearby beaches offer a perfect backdrop for a relaxed coastal lifestyle.Attached, you'll find the inspection report and survey indicating an encroachment, offering valuable insights into the property.Don't miss out on this chance to create something special in one of Santa Monica's most sought-after neighborhoods. Schedule a showing today to explore the possibilities at 726 Pier Ave.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMOP2*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Refrigerator
Laundry None
Exterior
Garage Door-Single, Garage
Pool None
View Y/N Yes
View Ocean, Peek-A-Boo
Roof Type Composition
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Front Yard
Story 2
Entry Level One
Sewer Other
Architectural Style Bungalow
Level or Stories One
New Construction No
Construction Status Fixer
Schools
School District Santa Monica-Malibu Unified
Others
Senior Community No
Tax ID 4287030006
Acceptable Financing Trust Conveyance
Listing Terms Trust Conveyance
Special Listing Condition Standard
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Bought with H. Jasan Sherman • Berkshire Hathaway HomeServices California Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "