1923 Euclid Street
Santa Monica, CA 90404
- – beds
- – baths
- – sqft
- 7,502 sqft lot
- – on site
We are excited to offer 1923 Euclid St, a prime infill development site in Santa Monica, CA. This 7,500-square-foot parcel, zoned SMR2*, is strategically located just 1.2 miles from world-class beaches and only a 6-minute walk from the main campus of Santa Monica College. The property benefits from its proximity to significant development projects, with over 1,000 new apartment units either planned or under construction nearby, including a notable 280-unit mixed-use complex by Related California. Additionally, major office property is being planned at 1630 Euclid, which is expected to further increase demand from local business owners and professionals. Santa Monica's median home sale prices consistently exceed $1,900,000, highlighting the potential value of this vacant site. An owner-user could design a multi-unit building, living in one unit while renting out others to generate passive income. The site features convenient front access along Euclid St and rear alley access on the east side, situated on a quiet street with a mix of condominiums, single-family homes, and multifamily residences. This creates an ideal balance of a tranquil beach town atmosphere and an eclectic city environment. Moreover, the property offers exceptional accessibility to the 10 freeway and Metro Expo Line, ensuring swift connections to major employment centers from the west side to downtown Los Angeles. It is also close to local amenities, including Bay Cities Italian Deli and Bakery, Memorial Park, Shutters on the Beach Hotel, and an array of cafes and restaurants along Pico Blvd. Developing a multi-unit structure at 1923 Euclid St presents a compelling investment opportunity. With favorable zoning, high rental demand, and a prime location, the property is a rare opportunity to own a well sized site at an exceptional $217 per square foot.
Last checked:
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Last updated Nov 4, 2024
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MLS# 24443757 —
This property is listed in more than one place. See it here.
The Building
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New Construction:No
Location
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Directions:East of 12th Street and West of 14th St, North of Pico Blvd and south of the 10 Freeway.
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Latitude:34.01625800
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Longitude:-118.47787100
The Property
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Property Type:Land
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Zoning:SMR2*
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Lot Size Area:7502.0000
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Lot Size Acres:0.1722
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Lot Size SqFt:7502.00
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View:1
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4283029015
The Community
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Senior Community:No
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Association:No
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Assessments:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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11/4/24
Nov 4, 2024
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Pending | CRMLS_CA | $1,629,000 | |
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10/21/24
Oct 21, 2024
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Listed / Active | CRMLS_CA | $1,629,000 | |
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10/7/24
Oct 7, 2024
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Sold Subject To Contingencies | CRMLS_CA | $1,629,000 |
