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122 Strand St Santa Monica, CA, 90405
$2,050,000 $100,000 Home for sale 100 sqft
Owner Says Sell! Shovel Ready development opportunity Located in one of LA's most prestigious neighborhoods-Ocean Park in Santa Monica, this rarely available development lot is entitled and ready to be built tomorrow-Just steps away from the beach, Santa Monica's main street with its trendy boutiques and famed restaurants. Prime for immediate development-this lot comes with fully entitled plans outlining a two-story, three unit condominium project with subterranean parking and private outdoor space. The plan design by iconic Santa Monica Based Architecture Firm-Mike Folonis Architects truly maximize the potential of this rare lot so close to the beach. Centered in the midst of so many attractions including, the Strand bike path with 22 miles of inspiring coastal scenery, the World Famous Santa Monica Pier, Shutters On the Beach Hotel, Casa Del Mar Hotel, The Viceroy, 3rd Street Promenade and famed Abbot Kinney neighborhood, this property is truly unique. //Property specs are as follows: Unit 1: 2 Bedrooms, 3.5 bathrooms, 2,110 sq ft living space, Patio (front) 541 sq ft, Patio (side) 232 sq ft, 2nd Floor Deck 135 sq ft, Roof Deck 164 sq ft. // Unit 2: 2 Bedrooms, 2.5 bathrooms, 1,530 sq ft living space, Patio (side) 241 sq ft. // Unit 3: 2 Bedrooms, 2.5 bathrooms, 1,275 sq ft liv
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Property details
100 sqft interior area
Property type
Home
Interior area
100 sqft
View
Ocean
Land area
6,094 sqft (0.14 acres)
Price per sqft
$20,500/sqft
Days on Verhouse
104
Address
122 Strand St, Santa Monica, CA, 90405
City of California
Santa Monica
County
Los Angeles
Previous price
$2,150,000
Year Built
1952
District
Listing
Stories
Three or More Stories
Open Houses
No upcoming open houses
Interior Features
—
Stories
Three or More Stories
Fireplaces
None
Laundry Features
None
Heathing & Cooling
None
Listed by
Richard Warren, Palm Realty Boutique, Inc.
Name
Richard Warren
License number
01518362
Brokerage company
Palm Realty Boutique, Inc.
MLS #
CRSB24023354
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Mortgage
$6,294
Taxes
$0
HOA dues
$0
Mortgage
$410,000 / 20%
2.28%
30 years
Your amount
$6,294 / month
Exterior Features
—
Pool
None
Lot details
TMK #4289023025
Lot Description
Street Light(s), Storm Drain
Parcel nr.
4289023025
90405 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
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no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
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no data
Local airport
—
no data
People living in 90405
38%
Families with children
National average: 39%
59%
Non family households
336,815
Population
$168,016
Average Income
Age & gender
Median age 39 years
More info
Commute types
72% commute by car
More info
Education level
38% have bachelor education
More info
Number of employees
2% work in management
More info
Vehicles available
49% have 1 vehicle
More info
Vehicles by gender
49% have 1 vehicle
More info
Housing market insights for
$2.45m
Neighborhood average
sales price*
sales price*
$1.84m
Neighborhood median
sales price*
sales price*
475
Number
of sales*
of sales*
Housing type
30% are small apartments
More info
Rooms
38% of the houses have 4 or 5 rooms
More info
Bedrooms
53% have 2 or 3 bedrooms
More info
Owners vs Renters
67% are renters
More info
16.83 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Price Decrease May 3, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 3, 2024 | Price Decrease | $2,050,000 -4.65% | 20500 | MLS #CRSB24023354 |
| Apr 17, 2024 | Price Decrease | $2,150,000 -4.44% | 21500 | MLS #CRSB24023354 |
| Mar 11, 2024 | Price Decrease | $2,250,000 -6.25% | 22500 | MLS #CRSB24023354 |
| Feb 1, 2024 | New Listing | $2,400,000 +17.07% | 24000 | MLS #CRSB24023354 |
| May 3, 2024 | Price Decrease | $2,050,000 -4.65% | 336.45 | MLS #CRSB24016094 |
| Apr 17, 2024 | Price Decrease | $2,150,000 -4.44% | 352.86 | MLS #CRSB24016094 |
| Mar 11, 2024 | Price Decrease | $2,250,000 -6.25% | 369.28 | MLS #CRSB24016094 |
| Jan 30, 2024 | New Listing | $2,400,000 -4% | 393.89 | MLS #CRSB24016094 |
| Jan 1, 2024 | Unavailable | $2,499,998 | 0 | MLS #CL23263691 |
| Dec 6, 2023 | Temporarily Withdrawn | $2,499,998 | 0 | MLS #CL23263691 |
| Dec 6, 2023 | Price Increase | $2,499,998 +900% | 0 | MLS #CL23263691 |
| Apr 25, 2023 | New Listing | $249,999 -90% | 0 | MLS #CL23263691 |
| Jan 1, 2024 | Unavailable | $2,499,000 | 0 | MLS #CL23261588 |
| Dec 6, 2023 | Temporarily Withdrawn | $2,499,000 | 849.71 | MLS #CL23261588 |
| Apr 18, 2023 | New Listing | $2,499,000 -9.13% | 849.71 | MLS #CL23261588 |
| Jan 5, 2024 | Withdrawn | $2,750,000 | 451.49 | MLS #CL23244793 |
| Dec 6, 2023 | Price Increase | $2,750,000 +10.06% | 451.49 | MLS #CL23244793 |
| Jul 4, 2023 | Price Decrease | $2,498,597 -33.37% | 410.21 | MLS #CL23244793 |
| Feb 24, 2023 | New Listing | $3,750,000 | 615.66 | MLS #CL23244793 |
Taxes of 122 Strand St, Santa Monica, CA, 90405
SMOP zoning / MLS #CRSB24023354
Zoning
SMOP
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Frequently Asked Questions about 122 Strand St
What is 122 Strand St?
122 Strand St, Santa Monica, CA, 90405 is a single family home located in the city of Santa Monica, California with zipcode 90405. This single family home has with an interior area of 100 sqft.
Which year was this home built?
This home was build in 1952.
What is the full address of this Home?
122 Strand St, Santa Monica, CA, 90405.
Are grocery stores nearby?
The closest grocery stores are Gelson's, 0.74 miles away and Vons 2262, 0.92 miles away.
What is the neighborhood like?
The 90405 zip area has a population of 336,815, and 38% of the families have children. The median age is 39.67 years and 72% commute by car. The most popular housing type is "small apartment" and 67% is renter.
Based on information from the bridgeMLS as of 05-14-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: May 03, 2024
Verhouse Last checked 2 minutes ago
The closest grocery stores are Gelson's, 0.74 miles away and Vons 2262, 0.92 miles away.
The 90405 zip area has a population of 336,815, and 38% of the families have children. The median age is 39.67 years and 72% commute by car. The most popular housing type is "small apartment" and 67% is renter.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
