817 16th St Santa Monica La
| Website: | https://www.nestseekers.com/5389829 |
|---|---|
| Address: | 817 16th St SANTA MONICA, CA 90403 |
| Ownership: | For Sale |
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| Area: | 7483 sq ft |
| Lot Size: | 0.2 Acres |
Financials
Price:$3,250,000
Description
Located just off Montana Avenue in one of Santa Monica's most desirable and supply-constrained residential corridors, 817 16th Street presents a rare opportunity to acquire a fully entitled boutique, architectural townhouse-style condominium project in a high-demand neighborhood. The project is comprised of six market-rate residences plus two affordable units, over subterranean parking for ten vehicles and a formally approved subdivision tract map. Designed by Breakform Design, the plans reflect a refined, contemporary architectural vision aligned with the expectations of today's luxury Westside buyer. With Planning Commission approvals secured and the property removed from the rental market via the Ellis Act, a developer can step in and pivot directly into construction documents and plan check. A substantial portion of the entitlement timeline has been completed, creating a streamlined path to market and a compelling opportunity to capitalize on strong end-user demand in a premier Montana-adjacent location.
271 North Canon Drive Beverly Hills, CA 90210 Phone: +1 310-280-8983 Fax: +1 310-362-0351 | |
| Listing Courtesy of Compass | |