2021 Idaho Ave
Santa Monica, CA 90403
Prime Montana Development Site · Land For Sale
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0.18 AC
Property Facts
| Property Type | Land | Total Lot Size | 0.18 AC |
| Property Subtype | Residential | Cross Streets | 21st Street |
| Proposed Use | Apartment Units - Condo | ||
| Zoning | R2 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 0.18 AC |
| Cross Streets | 21st Street |
| Zoning | R2 |
Description
The properties at 2021 Idaho Avenue and 858 21st Street include a single family residence with 2 bedrooms/1 bath (2021 Idaho) and a fourplex of studio/1 bath units totaling 1,294 square feet in the city of Santa Monica. The properties are located one block south of Montana Avenue, a high-end commercial district with more than 150 restaurants and retailers. The single-family residence is a charming cottage-style home built in 1922, while the fourplex was constructed in 1938. The single-family residence and three of the four units in the fourplex will be delivered vacant at close of escrow. The properties also have the ability to be redeveloped. If combined the R-2 zoning allows for the potential of a spectacular four unit property development (to be independently verified with the City). The total combined lot size is 7,986 square feet. A newer townhouse next door recently sold for $2,215,000.
Property Taxes
| Parcel Numbers | Improvements Assessment | $720,933 | |
| Land Assessment | $2,911,625 | Total Assessment | $3,632,558 |
Property Taxes
