Marina Del Rey CA Real Estate & Land for Sale

DEVELOPERS DREAM- 2007 Colby Ave. is a corner lot and 1 of 9 parcels included in the FK Nursery Development Portfolio. This is a once in a lifetime development opportunity located in the heart of the Sawtelle district of West Los Angeles. The total offering consists of 9 parcels, all zoned LAR2, totaling approximately 111,311 sq. ft. 7 of the 9 parcels are contiguous, and the remaining 2 parcels are contiguous on the East side of Colby Ave. 2007 Colby Ave. is a 15,699 sq. ft. parcel currently being used by F.K. Nursery, a family-owned and operated nursery business that has been a staple of the Sawtelle neighborhood since 1939. F.K. Nursery is truly a California landmark! The nursery will close in July of 2024. The other properties included in this portfolio are: 2026 Colby Ave., 2027 Colby Ave., 2031 Colby Ave., 2035 Colby Ave., 2045 Colby Ave., 2020 Federal Ave., 2020 Colby Ave., and 2024 Federal Ave. Rarely does a piece of residential land (LAR2) of this magnitude come along in one of Los Angeles most desirable westside neighborhoods. Over the past five years, there have been a number of new construction two-on-a-lot developments in the immediate vicinity of the subject properties. However, given the size of the contiguous properties, a developer should also be able to

Fantastic opportunity to build your dream home in the prestigious and popular north of Wilshire, Santa Monica area. Ready to Issue plans include a 3 bedroom 4 bathroom + a study room which could be used as a fourth bedroom, open modern floor plan charming home situated on a 5,011 sq ft. lot and offers tremendous potential to live in a great neighborhood. Plans also include a large ADU suitable for in-laws or rental. Project is located in prime Santa Monica, walking distance to boutiques, shopping, fine dining, beaches, and parks. Top rated Santa Monica Franklin Elementary and Lincoln Middle Schools are nearby. This Structure of Merit existing house is eligible for Mills Act that may reduce property taxes. (Buyer to verify.) This rare opportunity is being offered for a limited time as it is being sold with complete architectural plans. The permits are ready to be issued, saving you at least 1.5 - 2 years, carrying and entitlement costs. This planned luxurious estate, traditional in exterior style, boasts a total square footage of 2407 sq. ft. and sits on a 5,011 sq. ft. flat lot. This remarkable property offers an abundance of amenities and features that will exceed your expectations. With 3 bedrooms, 4 bathrooms, and an ADU there is ample space for your family and guests to feel comfortable and at home. There is a dedicated first floor office space perfect for those who work from home requiring a private workspace or maybe a fourth guestroom or gym. A resort-style backyard could be created to add a touch of relaxation and tranquility to the property. Don't miss the opportunity to own this unique project that effortlessly combines luxury, value, functionality, and convenience.

Fantastic opportunity to build your dream home in the prestigious and popular north of Wilshire, Santa Monica area. Ready to Issue plans include a 3 bedroom 4 bathroom + a study room which could be used as a fourth bedroom, open modern floor plan charming home situated on a 5,011 sq ft. lot and offers tremendous potential to live in a great neighborhood. Plans also include a large ADU suitable for in-laws or rental. Project is located in prime Santa Monica, walking distance to boutiques, shopping, fine dining, beaches, and parks. Top rated Santa Monica Franklin Elementary and Lincoln Middle Schools are nearby. This Structure of Merit existing house is eligible for Mills Act that may reduce property taxes. (Buyer to verify.) This rare opportunity is being offered for a limited time as it is being sold with complete architectural plans. The permits are ready to be issued, saving you at least 1.5 - 2 years, carrying and entitlement costs. This planned luxurious estate, traditional in exterior style, boasts a total square footage of 2407 sq. ft. and sits on a 5,011 sq. ft. flat lot. This remarkable property offers an abundance of amenities and features that will exceed your expectations. With 3 bedrooms, 4 bathrooms, and an ADU there is ample space for your family and guests to feel comfortable and at home. There is a dedicated first floor office space perfect for those who work from home requiring a private workspace or maybe a fourth guestroom or gym. A resort-style backyard could be created to add a touch of relaxation and tranquility to the property. Don't miss the opportunity to own this unique project that effortlessly combines luxury, value, functionality, and convenience.

Fantastic opportunity to build your dream home in the prestigious and popular north of Wilshire, Santa Monica area. Ready to Issue plans include a 3 bedroom 4 bathroom + a study room which could be used as a fourth bedroom, open modern floor plan charming home situated on a 5,011 sq ft. lot and offers tremendous potential to live in a great neighborhood. Plans also include a large ADU suitable for in-laws or rental. Project is located in prime Santa Monica, walking distance to boutiques, shopping, fine dining, beaches, and parks. Top rated Santa Monica Franklin Elementary and Lincoln Middle Schools are nearby. This Structure of Merit existing house is eligible for Mills Act that may reduce property taxes. (Buyer to verify.) This rare opportunity is being offered for a limited time as it is being sold with complete architectural plans. The permits are ready to be issued, saving you at least 1.5 - 2 years, carrying and entitlement costs. This planned luxurious estate, traditional in exterior style, boasts a total square footage of 2407 sq. ft. and sits on a 5,011 sq. ft. flat lot. This remarkable property offers an abundance of amenities and features that will exceed your expectations. With 3 bedrooms, 4 bathrooms, and an ADU there is ample space for your family and guests to feel

Breathtakingly located on a bluff overlooking the sparkling Pacific Ocean, 825 Ocean Avenue is an unprecedented opportunity to build your coastal dream estate (pending city approval) on Santa Monicas prestigious Ocean Avenue. One of Los Angeles, California most Iconic locations. No one comes to LA without driving past this infamous stretch of the coast.This 11,257 SF lot with SMR3 zoning currently houses a 2-story, 6,593 SF structure previously utilized as an assisted living community. Built in 1951, this structure includes 20 individual suites, including 3 450 SF, ocean-view penthouse units renovated in 2020/2021.With tremendous view potential and a truly iconic location within easy walking distance of world-renowned shopping, dining & nightlife, 825 Ocean Avenue is the blank canvas your dreams have been waiting for. Whether your goals include multi-family redevelopment, a luxury condo development, land banking or a future dream home, this Santa Monica gem is the answer.Note: believe it or not, a second ocean-view property of similar size (11,202 SF) and opportunity is available just 4 blocks north at 413 Ocean Avenue. Take a look at both before deciding which of these bluff top beauties speaks to you the most.

Breathtakingly located on a bluff overlooking the sparkling Pacific Ocean, 825 Ocean Avenue is an unprecedented opportunity to build your coastal dream estate (pending city approval) on Santa Monicas prestigious Ocean Avenue. One of Los Angeles, California most Iconic locations. No one comes to LA without driving past this infamous stretch of the coast. This 11,257 SF lot with SMR3 zoning currently houses a 2-story, 6,593 SF structure previously utilized as an assisted living community. Built in 1951, this structure includes 20 individual suites, including 3 450 SF, ocean-view penthouse units renovated in 2020/2021. With tremendous view potential and a truly iconic location within easy walking distance of world-renowned shopping, dining & nightlife, 825 Ocean Avenue is the blank canvas your dreams have been waiting for. Whether your goals include multi-family redevelopment, a luxury condo development, land banking or a future dream home, this Santa Monica gem is the answer. Note: believe it or not, a second ocean-view property of similar size (11,202 SF) and opportunity is available just 4 blocks north at 413 Ocean Avenue. Take a look at both before deciding which of these bluff top beauties speaks to you the most.

Strategically positioned at the highly visible southwest corner of Santa Monica Blvd. and Barrington Ave., this 12,891 SF LAC2 zoned lot offers an exceptional investment prospect. With over 70 feet of frontage along Santa Monica Blvd. and more than 175 feet along Barrington Ave., the property ensures optimal visibility for any future development.Conveniently situated just 1/2 a mile from the 405 freeway, accessibility is a key advantage of this location. Moreover, it's a mere 2 miles from UCLA and a short 3-mile drive to the iconic Santa Monica Beach,enhancing its appeal to a diverse range of potential tenants or buyers.Benefitting from a signalized intersection, the site enjoys substantial car traffic counts exceeding 50,000 CPD, guaranteeing consistent exposure. Additionally, the property generates income through billboard advertising.Demographically, the area boasts over 250,000 residents within a 3-mile radius, with a median household income surpassing $75,000.These robust statistics underscore the lucrative market potential for various business ventures. CALL FOR OFFERS! ALL OFFERS DUE MAY 16th!!!

Strategically positioned at the highly visible southwest corner of Santa Monica Blvd. and Barrington Ave., this 12,891 SF LAC2 zoned lot offers an exceptional investment prospect. With over 70 feet of frontage along Santa Monica Blvd. and more than 175 feet along Barrington Ave., the property ensures optimal visibility for any future development.Conveniently situated just 1/2 a mile from the 405 freeway, accessibility is a key advantage of this location. Moreover, it's a mere 2 miles from UCLA and a short 3-mile drive to the iconic Santa Monica Beach,enhancing its appeal to a diverse range of potential tenants or buyers.Benefitting from a signalized intersection, the site enjoys substantial car traffic counts exceeding 50,000 CPD, guaranteeing consistent exposure. Additionally, the property generates income through billboard advertising.Demographically, the area boasts over 250,000 residents within a 3-mile radius, with a median household income surpassing $75,000.These robust statistics underscore the lucrative market potential for various business ventures. CALL FOR OFFERS! ALL OFFERS DUE MAY 16th!!!

Strategically positioned at the highly visible southwest corner of Santa Monica Blvd. and Barrington Ave., this 12,891 SF LAC2 zoned lot offers an exceptional investment prospect. With over 70 feet of frontage along Santa Monica Blvd. and more than 175 feet along Barrington Ave., the property ensures optimal visibility for any future development.Conveniently situated just 1/2 a mile from the 405 freeway, accessibility is a key advantage of this location. Moreover, it's a mere 2 miles from UCLA and a short 3-mile drive to the iconic Santa Monica Beach,enhancing its appeal to a diverse range of potential tenants or buyers.Benefitting from a signalized intersection, the site enjoys substantial car traffic counts exceeding 50,000 CPD, guaranteeing consistent exposure. Additionally, the property generates income through billboard advertising.Demographically, the area boasts over 250,000 residents within a 3-mile radius, with a median household income surpassing $75,000.These robust statistics underscore the lucrative market potential for various business ventures. CALL FOR OFFERS! ALL OFFERS DUE MAY 16th!!!

https://svidlercre.com/delmas3751 *21 Unit Project in the Culver City-adjacent area of Los Angeles; designed with special care to construction efficiencies, with no subterranean parking (though 8 parking spaces are included) and stacked units. Spread over six stories, the finished project should offer unobstructed views on all sides starting on the 3rd floor and up. The Project will be delivered Ready-to-Issue, with 14,730 SF of rentable space spread out over the 17 original units and 4 future ADUs. With 7 two bedroom and 14 one bedroom units, build it and the tenants will come to enjoy the sixth floor spacious open patio and tremendous benefits of this location. Sixteen units will have balconies, the units will share an elevator, and there will be one staircase at each end of the building. Two units are reserved for ELI tenants. A five minute walk to Downtown Culver City, Erewhon and The Culver Steps, the property is surrounded by shops, nightlife, casual and fine dining. Near Sprouts, Trader Joe's, The Culver Theater, Equinox and just about anything else that a resident may want. Walk Score calls this area a Walker's Paradise, Very Bikeable with Good Transitjust half a mile to the Exposition Metro Station. The area is a jobs center, with the Los Angeles-area headquarters for Am

https://svidlercre.com/delmas3751 *21 Unit Project in the Culver City-adjacent area of Los Angeles; designed with special care to construction efficiencies, with no subterranean parking (though 8 parking spaces are included) and stacked units. Spread over six stories, the finished project should offer unobstructed views on all sides starting on the 3rd floor and up. The Project will be delivered Ready-to-Issue, with 14,730 SF of rentable space spread out over the 17 original units and 4 future ADUs. With 7 two bedroom and 14 one bedroom units, build it and the tenants will come to enjoy the sixth floor spacious open patio and tremendous benefits of this location. Sixteen units will have balconies, the units will share an elevator, and there will be one staircase at each end of the building. Two units are reserved for ELI tenants. A five minute walk to Downtown Culver City, Erewhon and The Culver Steps, the property is surrounded by shops, nightlife, casual and fine dining. Near Sprouts, Trader Joe's, The Culver Theater, Equinox and just about anything else that a resident may want. Walk Score calls this area a Walker's Paradise, Very Bikeable with Good Transitjust half a mile to the Exposition Metro Station. The area is a jobs center, with the Los Angeles-area headquarters for Amazon, Apple and HBO. The Project will be delivered with approved DWP P-Drawings and no encroachment interferences, valuable entitlement approvals have been received through the Specific Plan and CEQA process. Unique entitlements granted the Project reduced yards on all four sides, resulting in a larger buildable envelope.

https://svidlercre.com/delmas3751 *21 Unit Project in the Culver City-adjacent area of Los Angeles; designed with special care to construction efficiencies, with no subterranean parking (though 8 parking spaces are included) and stacked units. Spread over six stories, the finished project should offer unobstructed views on all sides starting on the 3rd floor and up. The Project will be delivered Ready-to-Issue, with 14,730 SF of rentable space spread out over the 17 original units and 4 future ADUs. With 7 two bedroom and 14 one bedroom units, build it and the tenants will come to enjoy the sixth floor spacious open patio and tremendous benefits of this location. Sixteen units will have balconies, the units will share an elevator, and there will be one staircase at each end of the building. Two units are reserved for ELI tenants. A five minute walk to Downtown Culver City, Erewhon and The Culver Steps, the property is surrounded by shops, nightlife, casual and fine dining. Near Sprouts, Trader Joe's, The Culver Theater, Equinox and just about anything else that a resident may want. Walk Score calls this area a Walker's Paradise, Very Bikeable with Good Transitjust half a mile to the Exposition Metro Station. The area is a jobs center, with the Los Angeles-area headquarters for Amazon, Apple and HBO. The Project will be delivered with approved DWP P-Drawings and no encroachment interferences, valuable entitlement approvals have been received through the Specific Plan and CEQA process. Unique entitlements granted the Project reduced yards on all four sides, resulting in a larger buildable envelope.

We are excited to present a primely located development opportunity located at 1656 Sawtelle Blvd, Los Angeles, CA 90025.The project is ready for immediate construction with the plans being fully approved and RTI (ready to issue). Also, the old structure on the lot has already been demolished allowing for an even quicker construction start date.The RTI plans call for the development of 33 apartment units that will span an 24,804 square feet of gross building area. The proposed design includes 21 one-bedroom/one-bath and 12 two-bedroom/one-bath apartments, four of which are designated for very low-income tenants.This opportunity provides a unique advantage to bypass SB330 regulations and develop 33 units in a prime location at the heart of one of Los Angeles' most booming sub-markets. West Los Angeles is a continually growing area with some of the lowest vacancy rates in the county.1656 Sawtelle is located in the the Sawtelle neighborhood of West Los Angeles which is a vibrant and eclectic area that serves as a cultural crossroads, most notably highlighted by its "Little Osaka" district that showcases a rich blend of Japanese and American culture. This diverse and bustling community is a food lover's paradise, renowned for its array of sushi bars, ramen houses, and specialty grocery stores, as well as a variety of other international cuisines. Not just a gastronomic haven, Sawtelle is also a commercial and residential hub, featuring trendy boutiques, art galleries, and modern apartment complexes. The neighborhood enjoys excellent accessibility, bordered by major arteries like the 405 Freeway and Santa Monica Boulevard, making it convenient for both residents and visitors. Adding to its allure are its green spaces such as Stoner Recreation Center, where families can enjoy outdoor activities in a relaxed setting. With its unique blend of cultural diversity, commercial vitality, and residential comfort, Sawtelle offers a microcosm of what makes West Los Angeles one of the most desirable places to live and visit.

We are excited to present a primely located development opportunity located at 1656 Sawtelle Blvd, Los Angeles, CA 90025.The project is ready for immediate construction with the plans being fully approved and RTI (ready to issue). Also, the old structure on the lot has already been demolished allowing for an even quicker construction start date.The RTI plans call for the development of 33 apartment units that will span an 24,804 square feet of gross building area. The proposed design includes 21 one-bedroom/one-bath and 12 two-bedroom/one-bath apartments, four of which are designated for very low-income tenants.This opportunity provides a unique advantage to bypass SB330 regulations and develop 33 units in a prime location at the heart of one of Los Angeles' most booming sub-markets. West Los Angeles is a continually growing area with some of the lowest vacancy rates in the county.1656 Sawtelle is located in the the Sawtelle neighborhood of West Los Angeles which is a vibrant and eclectic area that serves as a cultural crossroads, most notably highlighted by its "Little Osaka" district that showcases a rich blend of Japanese and American culture. This diverse and bustling community is a food lover's paradise, renowned for its array of sushi bars, ramen houses, and specialty groce

We are excited to present a primely located development opportunity located at 1656 Sawtelle Blvd, Los Angeles, CA 90025.The project is ready for immediate construction with the plans being fully approved and RTI (ready to issue). Also, the old structure on the lot has already been demolished allowing for an even quicker construction start date.The RTI plans call for the development of 33 apartment units that will span an 24,804 square feet of gross building area. The proposed design includes 21 one-bedroom/one-bath and 12 two-bedroom/one-bath apartments, four of which are designated for very low-income tenants.This opportunity provides a unique advantage to bypass SB330 regulations and develop 33 units in a prime location at the heart of one of Los Angeles' most booming sub-markets. West Los Angeles is a continually growing area with some of the lowest vacancy rates in the county.1656 Sawtelle is located in the the Sawtelle neighborhood of West Los Angeles which is a vibrant and eclectic area that serves as a cultural crossroads, most notably highlighted by its "Little Osaka" district that showcases a rich blend of Japanese and American culture. This diverse and bustling community is a food lover's paradise, renowned for its array of sushi bars, ramen houses, and specialty grocery stores, as well as a variety of other international cuisines. Not just a gastronomic haven, Sawtelle is also a commercial and residential hub, featuring trendy boutiques, art galleries, and modern apartment complexes. The neighborhood enjoys excellent accessibility, bordered by major arteries like the 405 Freeway and Santa Monica Boulevard, making it convenient for both residents and visitors. Adding to its allure are its green spaces such as Stoner Recreation Center, where families can enjoy outdoor activities in a relaxed setting. With its unique blend of cultural diversity, commercial vitality, and residential comfort, Sawtelle offers a microcosm of what makes West Los Angeles one of the most desirable places to live and visit.

Future Investment Parcel Desert property within Tract 2187 Just east of Cal City Blvd Close to Mojave

Breathtakingly located on a bluff overlooking the sparkling Pacific Ocean, 413 Ocean Avenue is an unprecedented opportunity to build your coastal dream estate (pending city approval) on Santa Monicas prestigious Ocean Avenue.This 11,202 SF lot with SMR4 zoning currently houses a 2-story, 13,052 SF structure previously utilized as an assisted living community. Built in 1959, this structure includes 29 375 SF suites, including 26 with balconies and ocean views.With tremendous view potential and a truly iconic location within easy walking distance of world-renowned shopping, dining & nightlife, 413 Ocean Avenue is the blank canvas your dreams have been waiting for. Whether your goals include multi-family redevelopment, land banking or a future dream home, this Santa Monica gem is the answer.Note: believe it or not, a second ocean-view property of similar size (11,257 SF) and opportunity is available just 4 blocks south at 825 Ocean Avenue. Take a look at both before deciding which of these bluff top beauties speaks to you the most.

Breathtakingly located on a bluff overlooking the sparkling Pacific Ocean, 413 Ocean Avenue is an unprecedented opportunity to build your coastal dream estate (pending city approval) on Santa Monicas prestigious Ocean Avenue. This 11,202 SF lot with SMR4 zoning currently houses a 2-story, 13,052 SF structure previously utilized as an assisted living community. Built in 1959, this structure includes 29 375 SF suites, including 26 with balconies and ocean views. With tremendous view potential and a truly iconic location within easy walking distance of world-renowned shopping, dining & nightlife, 413 Ocean Avenue is the blank canvas your dreams have been waiting for. Whether your goals include multi-family redevelopment, land banking or a future dream home, this Santa Monica gem is the answer. Note: believe it or not, a second ocean-view property of similar size (11,257 SF) and opportunity is available just 4 blocks south at 825 Ocean Avenue. Take a look at both before deciding which of these bluff top beauties speaks to you the most.

Nestled in the prestigious North of Montana neighborhood, this exceptional property offers an unparalleled opportunity to realize your vision of a dream estate. Approved for immediate construction with RTI (ready to issue) permits, this project features plans for an impressive 6,300 SqFt architectural Modern-barn residence on an expansive 7,500 SqFt lot. Thoughtfully crafted for the most discerning buyer, the design includes 7 bedrooms, 8 bathrooms, a Theatre, Gym, Pool, and an ADU complete with a full kitchen, bedroom & bath. The layout is perfect for family gatherings and entertaining.This prime location is just steps away from the upscale dining, shops, and cafes of Montana Ave, as well as the Riviera Country Club, Brentwood Country Mart, Santa Monica Stairs, and Brentwood Country Club. The neighborhood's walkability and proximity to top attractions are unmatched. Don't miss this extraordinary chance to create your family's legacy in one of the most coveted Westside neighborhoods.

Nestled in the prestigious North of Montana neighborhood, this exceptional property offers an unparalleled opportunity to realize your vision of a dream estate. Approved for immediate construction with RTI (ready to issue) permits, this project features plans for an impressive 6,300 SqFt architectural Modern-barn residence on an expansive 7,500 SqFt lot. Thoughtfully crafted for the most discerning buyer, the design includes 7 bedrooms, 8 bathrooms, a Theatre, Gym, Pool, and an ADU complete with a full kitchen, bedroom & bath. The layout is perfect for family gatherings and entertaining.This prime location is just steps away from the upscale dining, shops, and cafes of Montana Ave, as well as the Riviera Country Club, Brentwood Country Mart, Santa Monica Stairs, and Brentwood Country Club. The neighborhood's walkability and proximity to top attractions are unmatched. Don't miss this extraordinary chance to create your family's legacy in one of the most coveted Westside neighborhoods.

Nestled in the prestigious North of Montana neighborhood, this exceptional property offers an unparalleled opportunity to realize your vision of a dream estate. Approved for immediate construction with RTI (ready to issue) permits, this project features plans for an impressive 6,300 SqFt architectural Modern-barn residence on an expansive 7,500 SqFt lot. Thoughtfully crafted for the most discerning buyer, the design includes 7 bedrooms, 8 bathrooms, a Theatre, Gym, Pool, and an ADU complete with a full kitchen, bedroom & bath. The layout is perfect for family gatherings and entertaining.This prime location is just steps away from the upscale dining, shops, and cafes of Montana Ave, as well as the Riviera Country Club, Brentwood Country Mart, Santa Monica Stairs, and Brentwood Country Club. The neighborhood's walkability and proximity to top attractions are unmatched. Don't miss this extraordinary chance to create your family's legacy in one of the most coveted Westside neighborhoods.

Rare development opportunity located in the Santa Monica Canyon located 1/5 Block from the Beach. Property is situated between W Channel Rd and backs onto Chautauqua Blvd.17,136 sq ft total lot size comprised of 4 separate parcels currently with 2x 4 unit buildings, Single Family house and vacant lot. All parcels are to be sold concurrently together. Santa Monica mailing address but LA City real for Building codes. Potential to build 30-59 Units .Current zoning C-2Q would allow 30 Units and R-4 density bonus could allow up to 59 units if parking limits are met. 153 W Channel Rd is a 4 unit Ocean View apartment building with 2 units delivered vacant at close with a current gross Income of $134,864 year with 2 units vacant at close of escrow.157 W Channel Rd is a 2 story 1928 4 unit Building with Canyon and Ocean Views with current gross income of $142,867 with 2 units being delivered vacant at close. (Market rent for vacant units being used for current Income) Total Income of $277,731 for the 8 Units. The 3 Bd 2 Ba Single Family w/ some Ocean View, home approx. 1500 sq ft (Owners Home) vacant at close of escrow with projected rent of $96,00 yearly with a total of $373,000 Gross income at a 3.1 cap with Additional vacant 4488 sq ft lot being used as a garden. Potential market rent at $444,000 at 4 cap. Preliminary Development feasibility for the property has been conducted and renderings provided by Ketter Construction and development firm at 30 Units with 1 Commercial space and a Gym which could later be converted to ADU.

Rare development opportunity located in the Santa Monica Canyon located 1/5 Block from the Beach. Property is situated between W Channel Rd and backs onto Chautauqua Blvd.17,136 sq ft total lot size comprised of 4 separate parcels currently with 2x 4 unit buildings, Single Family house and vacant lot. All parcels are to be sold concurrently together. Santa Monica mailing address but LA City real for Building codes. Potential to build 30-59 Units .Current zoning C-2Q would allow 30 Units and R-4 density bonus could allow up to 59 units if parking limits are met. 153 W Channel Rd is a 4 unit Ocean View apartment building with 2 units delivered vacant at close with a current gross Income of $134,864 year with 2 units vacant at close of escrow.157 W Channel Rd is a 2 story 1928 4 unit Building with Canyon and Ocean Views with current gross income of $142,867 with 2 units being delivered vacant at close. (Market rent for vacant units being used for current Income) Total Income of $277,731 for the 8 Units. The 3 Bd 2 Ba Single Family w/ some Ocean View, home approx. 1500 sq ft (Owners Home) vacant at close of escrow with projected rent of $96,00 yearly with a total of $373,000 Gross income at a 3.1 cap with Additional vacant 4488 sq ft lot being used as a garden. Potential market rent

Rare development opportunity located in the Santa Monica Canyon located 1/5 Block from the Beach. Property is situated between W Channel Rd and backs onto Chautauqua Blvd.17,136 sq ft total lot size comprised of 4 separate parcels currently with 2x 4 unit buildings, Single Family house and vacant lot. All parcels are to be sold concurrently together. Santa Monica mailing address but LA City real for Building codes. Potential to build 30-59 Units .Current zoning C-2Q would allow 30 Units and R-4 density bonus could allow up to 59 units if parking limits are met. 153 W Channel Rd is a 4 unit Ocean View apartment building with 2 units delivered vacant at close with a current gross Income of $134,864 year with 2 units vacant at close of escrow.157 W Channel Rd is a 2 story 1928 4 unit Building with Canyon and Ocean Views with current gross income of $142,867 with 2 units being delivered vacant at close. (Market rent for vacant units being used for current Income) Total Income of $277,731 for the 8 Units. The 3 Bd 2 Ba Single Family w/ some Ocean View, home approx. 1500 sq ft (Owners Home) vacant at close of escrow with projected rent of $96,00 yearly with a total of $373,000 Gross income at a 3.1 cap with Additional vacant 4488 sq ft lot being used as a garden. Potential market rent at $444,000 at 4 cap. Preliminary Development feasibility for the property has been conducted and renderings provided by Ketter Construction and development firm at 30 Units with 1 Commercial space and a Gym which could later be converted to ADU.

Amazing opportunity to own and develop on an approximately 25,000 sq/ft flat lot in the highly sought after Brentwood Park. Plans are in the process of being submitted to the City for a 14,400 sq/ft Ken Ungar Traditional featuring 8 Bedrooms, 12 Bathrooms including ADU. Surrounded by mature trees on the West Side of the street, this is a perfect foundation to build your dream home in one of the most idyllic and prestigious neighborhoods in all of Los Angeles. With close proximity to the Brentwood Country Mart, local shops and restaurants on San Vicente and minutes to the beach, this rare opportunity is not to be missed.