1124 7th Street
Santa Monica, CA 90403
- 2 beds
- 1 bath
- 1,256 sqft
- 7,511 sqft lot
- $2,030 per sqft
- 1907 build
- – on site
More homes
The subject property is a historical home with potential to rehabilitate the existing cottage on the property and add 3 units as per plans. The comparables used to evaluate the property are recent townhome sales in the area. The comparable with the most effective data to project a value is 954-956 A-C 5th St. This property had development potential at the time of sale, the existing historic home on the property was rehabilitated and the developer added 3 additional units all approximately the same size as our subject property's architectural assumptions. Condominiums in this highly desired pocket of Santa Monica sell for $2,500,000 on average, and a developer would have the opportunity to build 3 more units behind the existing cottage and later sell all four (4) condos for a total of $10,000,000. This is a huge spread and a great value-add opportunity for any developer to capitalize on the hot condominium market in Santa Monica.
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Last updated Apr 2, 2025
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MLS# 19444468 —
The Building
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Year Built:1907
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Total Number Of Units:1
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Architectural Style:Cottage
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Stories Total:1
Interior
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Flooring:See Remarks
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Room Type:See Remarks
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Fireplace:Yes
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Fireplace:See Remarks
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Laundry:See Remarks
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Laundry:1
Room Dimensions
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Living Area:1256.00
Location
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Directions:Wilshire Blvd. and 7th St.
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Latitude:34.02202800
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Longitude:-118.49671700
The Property
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Subtype:Single Family Residence
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Zoning:SMR2*
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Lot Size Area:7511.0000
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Lot Size Acres:0.1724
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Lot Size SqFt:7511.00
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View:1
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View:See Remarks
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Property Attached:1
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Total Bedrooms:2
Baths
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Total Baths:1
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Full & Three Quarter Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4292005004
Heating & Cooling
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Heating:1
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Heating:See Remarks
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Cooling:Yes
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Cooling:See Remarks
The Community
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Pool:None
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Private Pool:No
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Spa Features:None
Parking
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Parking:Yes
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Parking:Other
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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4/18/19
Apr 18, 2019
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Sold | BRIDGE | ||
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2/27/14
Feb 27, 2014
|
CRMLS_CA | $1,221,000 |
