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.
Location
Contact
Listing Courtesy of Compass