Property Details

1401 Palisades Beach Rd Santa Monica, CA 90401

Offered at $5,300,000
Status: Sold
Type: Condo/Townhouse
Bedrooms: 11.00
Bathrooms: 0.00
Sq. Ft: 4780
Lot Size: 4,647

11 units or can be SFR on Boardwalk in Santa Monica

Sitting along the Santa Monica boardwalk, right on the sand with head-on ocean views and breezes high-lit by the world famous Santa Monica Pier, this property consist of two building: the beach side house is approximately 2860 sf and houses 8 units - this structure is landmarked. The other house which is NOT landmarked is approximately 1920 sf and has two bedrooms, one bath plus two rooms upstairs that could be another two bedrooms or plus storage. There is a restaurant-quality outdoor kitchen on the beach side where dining tables and chaise lounges keep guests comfortable and entertained. There is a spa and entertainment area along the side of the property as well as a private sun deck on the breezeway between the two structures. There is also a laundry room. The lot is 4763sf. In total, there are 11 units (one is not legal) or this property may be used as a single family residence. It was Ellised several years ago and is zoned for both uses. There are several things that can be done here - rent the units out as is, upgrade some of the units, redevelop it into a 5,000sf SFR (there are architectural plans already done for this) or possibly add more units. It will be delivered vacant.

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