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.
Tucked behind a private bridge where the creek flows beneath a canopy of mature trees, 641 Hightree Road is one of two rare undeveloped lots in beloved Rustic Canyon available individually or together with neighboring 639 Hightree Road. Each sits off quiet Hightree Road, embraced by hillsides once home to a 1920s open-air amphitheater that echoed with poetry readings. In 1979, Ray Kappe envisioned a soaring mid-century masterpiece here plans approved but never built leaving today's dreamer a remarkable blank canvas. Build ~5,000 sq ft on a single lot, or up to 10,800 sq ft across both. 641 offers 16,796 sq ft; 639 offers 16,184 sq ft - 32,981 sq ft total. A chance to create an enduring work of art in one of L.A.'s most storied settings.
Tucked behind a private bridge where the creek flows beneath a canopy of mature trees, 639 Hightree Road is one of two rare undeveloped lots in beloved Rustic Canyon available individually or together with neighboring 641 Hightree Road. Each sits off quiet Hightree Road, embraced by hillsides once home to a 1920s open-air amphitheater that echoed with poetry readings. In 1979, Ray Kappe envisioned a soaring mid-century masterpiece here plans approved but never built leaving today's dreamer a remarkable blank canvas. Build ~5,000 sq ft on a single lot, or up to 10,800 sq ft across both. 641 offers 16,796 sq ft; 639 offers 16,184 sq ft32,981 sq ft total. A chance to create an enduring work of art in one of L.A.'s most storied settings.
3 VACANT COTTAGES; with MANY POSSIBILITIES: RESTORE 3 1924 BUNGALOW COTTAGES? BUILD 3 CONDOS + 1 JR ADU? BUILD MORE UNITS? SB 79 allows for density bonuses (MORE UNITS) built near transit stops, and probably applies here/you investigate. 3 Cottages, vacant and currently not habitable; great restoration project. Property has water, sewer, electric and gas lines intact, new roofs. 4 BLOCKS TO BEACH & Prime MAIN STREET, SaMoHi and DOWNTOWN SANTA MONICA very close, PCH & 10 access. HIGHEST AND BEST USE: Build MULTI UNIT taking advantage of NEW CA DENSITY BONUSES (8 units nextdoor are on the same size lot) Some restrictions may apply. SB 79 may apply, (see ADDITIONAL DENSITY BONUSES in DOCS). OR: Build 4 New Condos (one block away, 1 condo SOLD LAST YEAR FOR $2.5M: check 1919 4th Street). Not on market in 60 years. Per ARCHITECT, 3 New Units of 1750 +/- sf each could be built PLUS 1 Jr ADU; per ARCHITECT from SANTA MONICA ARCHITECTURAL REVIEW BOARD; exceptions for lot width may apply; Parking access from cul-de-sac Alley. Statements from this listing not guaranteed of course; do your own investigations & verify all with City of Santa Monica.
Located on one of the most desirable streets in Ocean Park, this exceptional RTI development opportunity presents the chance to build two architecturally significant residences just moments from the beach. Situated in the highly sought after Ocean Park enclave of Santa Monica, 731 Ashland Avenue includes Ready to Issue permits and Coastal Commission approval for two detached modern homes, thoughtfully designed to maximize scale, light, and functionality in this premier coastal neighborhood. The front residence is planned as a 2,469 sq ft two story home with a basement, while the rear residence spans 2,099 sq ft and includes an attached 372 sq ft JADU, ideal for guest use or additional income. Surrounded by some of the Westside's most coveted homes and just moments from Main Street, Rose Avenue, and the sand, this is a rare shovel ready opportunity for developers or end users to create a legacy property in a premier Santa Monica location.
A rare chance to acquire a fully entitled, ready-to-issue development site in the heart of Santa Monica, no entitlement risk, no waiting on the city, just permits and a shovel. Situated on a 7,500 square foot lot at 1434 14th Street, this RTI package delivers approved plans for a 3-story, 9-unit apartment building plus one ADU, over a full level of subterranean parking. The unit mix includes 1 three-bedroom, 3 two-bedrooms, 3 one-bedrooms, and 2 affordable two-bedroom units, a well-balanced program designed to maximize density while satisfying Santa Monica's Tier 2 Community Benefits requirements. Total building area comes in at approximately 10,811 square feet across three floors, with 10 parking spaces in the subterranean garage. The project was permitted under SMR3 zoning with a 35% density bonus, pushing the allowable unit count from 6 base units to 9. The existing improvements, a 1925 California Bungalow duplex, have been vacated and are sold as-is. The value is in the land and the entitlements. The location delivers everything Santa Monica multifamily tenants demand: walkable to several shops and restaurants, the Expo Line, Third Street Promenade, and the beach. High walk and bike scores virtually eliminate car dependency, which is exactly what the next generation of renters is underwriting. Opportunities to purchase a shovel-ready 9-unit site in Santa Monica at this price point don't come around often. Priced to reflect the land and approved entitlements.
Santa Monica is located in California. Santa Monica, California has a population of 92,828. Santa Monica is less family-centric than the surrounding county with 28.07% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Santa Monica, California is $99,847. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Santa Monica is 41.4 years.
The average high temperature in July is 73.5 degrees, with an average low temperature in January of 49.3 degrees. The average rainfall is approximately 13.7 inches per year, with 0 inches of snow per year.
