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413 Ocean Avenue

Santa Monica, CA 90402

29 beds
24 baths
13,052 sqft
11,212 sqft lot
$651 per sqft
1959 build
– on site

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 Monica’s 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 11,202 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 individual suites, including 26 with balconies and ocean views, which is no longer operational. 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, 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 (11,257 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.

Listed By CRMLS_CA / Edward Kaminsky / eXp Realty of California, Inc / 310-427-2414

Last checked: Checking… • Last updated Apr 30, 2024 •

MLS# SB23080738 —

This home is listed in more than one place. See it here, and here, and here.

The Building

Year Built:

1959
Year Built Source:

Assessor
New Construction:

No
Structure Type:

Mixed Use
Entry Level:

1
Common Walls:

No Common Walls
Total Number Of Units:

1
Stories Total:

2

Interior

Levels:

Two
Entry Location:

Front of building
Room Type:

Main Floor Bedroom
Living Area Units:

Square Feet
Living Area Source:

Assessor
Fireplace:

No
Fireplace:

None
Laundry:

Dryer Included, Washer Hookup
Laundry:

1

Room Dimensions

Living Area:

13052.00

Location

Directions:

Ocean Ave between Georgina and Marguerita
Latitude:

34.02558400
Longitude:

-118.51170400

The Property

Property Type:

Residential
Subtype:

Commercial/Residential
Zoning:

SMR4*
Lot Features:

Lot 10000-19999 Sqft
Lot Size Area:

11212.0000
Lot Size Acres:

0.2574
Lot Size SqFt:

11212.00
Lot Size Source:

Assessor
View:

1
View:

Ocean
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

7013.04
Tax Tract:

8604
Tax Lot:

22

Beds

Total Bedrooms:

29
Main Level Bedrooms:

29

Baths

Total Baths:

24
Full & Three Quarter Baths:

24
Main Level Baths:

29
Full Baths:

24

The Listing

Buyer's Brokerage Compensation:

2.000%
Virtual Tour
Special Listing Conditions:

Standard
Virtual Tour
Buyer's Brokerage Compensation:

$2
Parcel Number:

4293007021

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

High School District:

Santa Monica-Malibu Unified

The Community

Senior Community:

No
Features:

Sidewalks, Street Lights
Pool:

None
Private Pool:

No
Waterfront Features:

Across the Road from Lake/Ocean, Ocean Front
Association:

No
Assessments:

Yes
Assessments:

Unknown
Units in the Community:

29

Parking

Parking:

No
Parking:

None

Monthly cost estimate

Asking price

$8,500,000

Expense	Monthly cost
Mortgage	$45,514
Taxes	N/A
Insurance	$2,337
Utilities	N/A
Total	$47,851/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/16/24 Apr 16, 2024	Relisted	CRMLS_CA	$8,500,000
3/6/24 Mar 6, 2024	Pending	CRMLS_CA	$8,500,000
9/7/23 Sep 7, 2023	Price Changed	CRMLS_CA	$8,500,000	-19.0%

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This house located in West Los Angeles, Santa Monica, CA 90402 is currently for sale for $8,500,000. 413 Ocean Avenue is a 13,052 square foot house with 29 beds and 24 baths that has been on Estately for 357 days. 413 Ocean Avenue is in the West Los Angeles neighborhood of Santa Monica and has a WalkScore® of 61, making it somewhat walkable. This house is in the attendance area of Roosevelt Elementary School, Lincoln Middle School, and Santa Monica High School.

Listing Courtesy of: CRMLS_CA and eXp Realty of California, Inc. Based on information from California Regional Multiple Listing Service, Inc. as of 07:34 on May 07.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.