Active

210 California Avenue 1

Santa Monica CA, 90403

$6,500,000


$695.48 per sqft

Active

9,346 sqft

Condo

Built in 1962

Listed by Michael Smith with NorthMarq Realty Services, Inc 949-717-5200

Price Reduced by $750,000
100% Vacant--The property was vacated utilizing the Ellis Act guidelines in 2019, providing new ownership multiple investment strategies.
Potential Redevelopment Site-- 210 California provides a wide range of investment strategies for new owners, including renovating the current building or redeveloping the site. Santa Monica, which was granted a prohousing designation by the Governor in February of this year, has made its development process more efficient. This allows for the possibility of receiving additional funding and faster approval for new housing developments.
Walkable, Vibrant and Highly Amenitized Neighborhood-- Santa Monica offers a picturesque beach town setting with a plethora of attractions, renowned shopping, dining options, vibrant nightlife, and entertainment venues. Those residing in 210 California benefit from convenient access to various lifestyle amenities, whether by foot, bike, or car. The Third Street Promenade, located just a short 5-minute walk away, provides an ideal destination for upscale shopping, dining, and entertainment. This pedestrian-friendly area, situated east of the Pier, comprises three car-free blocks and is centered around Santa Monica Place, which houses over 80 retailers. Starting at the Santa Monica Place shopping center, the Third Street Promenade extends northward towards Wilshire Blvd.

OC24077809

MLS ID

March 8, 2024

Listed

April 24, 2024

Updated

Map

210 California Avenue 1
Santa Monica CA, 90403

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.17 Acres


Lot Features

Near Public Transit, Street Level, Value In Land


Sewer

Public Sewer

Other Property Details

Area Name

C14 - Santa Monica


Days on Market

5


Garage

No


Parking

Attached Carport


Parking Total

9


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

SMR3*


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

4/23/2024

Price Change

$6,500,000

-11%

Listing Contact: 949-717-5200 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/24/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/24/2024 at 4:12 AM UTC

 

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