$ 1,629,000
1923 Euclid Street Santa Monica, CA 90404
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$ 1,629,000
Est. payment | /mo
7,502 Sqft Lot
$ 1,629,000
Est. payment | /mo
7,502 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CL24443757
HOA Y/N No
Lot Size 7,502 Sqft
Acres 0.17
Property Description
We are excited to offer 1923 Euclid St, a prime infill development site in Santa Monica, CA. This 7,500-square-foot parcel, zoned SMR2*, is strategically located just 1.2 miles from world-class beaches and only a 6-minute walk from the main campus of Santa Monica College. The property benefits from its proximity to significant development projects, with over 1,000 new apartment units either planned or under construction nearby, including a notable 280-unit mixed-use complex by Related California. Additionally, major office property is being planned at 1630 Euclid, which is expected to further increase demand from local business owners and professionals. Santa Monica's median home sale prices consistently exceed $1,900,000, highlighting the potential value of this vacant site. An owner-user could design a multi-unit building, living in one unit while renting out others to generate passive income. The site features convenient front access along Euclid St and rear alley access on the east side, situated on a quiet street with a mix of condominiums, single-family homes, and multifamily residences. This creates an ideal balance of a tranquil beach town atmosphere and an eclectic city environment. Moreover, the property offers exceptional accessibility to the 10 freeway and Metro Expo
Location
State CA
County Los Angeles
Area Listing
Zoning SMR2
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 4283029015
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Zachary Rosen • Marcus & Millichap
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