$1,650,000
Pending

1114 Ozone Avenue

Santa Monica, CA 90405
Listing OfficeENGEL & VÖLKERS Santa Monica
Browse 19 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Price Reduction! Lowest-priced vacant property in Santa Monica 90405! 2 Detached Houses at 1,540 SF on a large ~5,400 SF lot on one of the best streets in Sunset Park. Amazing opportunity for owner-users and investors to Fix & Save with the renovated duplexes in the area selling for ~2.5M! Or you can do a new construction ground-up project/major addition and resale it for ~4M. Nestled mid-block on a tranquil, tree-lined cul-de-sac you will find a property that is currently configured as a duplex with a front house gutted and ready for renovation and the back house in original condition, combined the two structures are 1,540 square feet of interior living space situated on a ~5,400 square-foot lot. Surrounded by beautifully updated homes, this property presents a unique opportunity to create your ideal living environment in one of Santa Monica's most desirable and up-and-coming neighborhoods. Located east of Lincoln Boulevard, you'll have easy access to vibrant dining and shopping, including Whole Foods and local favorites like Cafe Gratitude and the new Tartine bakery. Enjoy the sports fields and playgrounds at nearby Marine Park or attend outdoor social events at Penmar Golf Course, all while being less than a mile from the beach, Abbot Kinney, and dynamic Rose Avenue. Whether you choose to restore, rebuild, or reimagine, the potential here for a coastal oasis is substantial.

  • Property Details
      • Acres0.1233
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Sewer InformationOther
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,695,000
  • Other
      • MLS #24444675

Location

Christopher PereaReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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