Nest Seekers

817 16th St Santa Monica La

817 16th St
SANTA MONICA, CA 90403

Listing

Web ID:5794010
Website:https://www.nestseekers.com/5794010

Property

Ownership: For Sale
Area: 7483 sq ft
Lot Size: 0.2 Acres

Financials

Price:$2,995,000

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 seven market-rate residences plus one affordable unit, 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.
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Location

817 16th St SANTA MONICA CA 90403 USA

Contact

Beverly Hills, CA
271 North Canon Drive Beverly Hills, CA 90210
Phone: +1 310-278-8861
Fax: +1 310-362-0351
info@nestseekers.com
Listing Courtesy of Compass
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