Alta Realty Group CA , Inc
Mike Beauregard, Realtor, Alta Realty Group CA , IncPhone: (858) 433-6869
Email: mike@mikebeauregard.com
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listing
1 of 4
MultifamilyFor Sale
$6,500,000
210 California Avenue
Santa Monica, CA 90403
Listing Provided Courtesy of NorthMarq Realty Services, Inc
MLS: San Diego Multiple Listing Service (SDMLS)
7,500Sq Ft
Est. Mortgage
$33,652/mo

Price Reduced by $750,000 100% VacantThe property was vacated utilizing the Ellis Act guidelines in 2019, providing new ownership multiple investment strategies. Potential Redevelopment Site 210 California provides a wide range of investment strategies for new owners, including renovating the current building or redeveloping the site. Santa Monica, which was granted a prohousing designation by the Governor in February of this year, has made its development process more efficient. This allows for the possibility of receiving additional funding and faster approval for new housing developments. Walkable, Vibrant and Highly Amenitized Neighborhood Santa Monica offers a picturesque beach town setting with a plethora of attractions, renowned shopping, dining options, vibrant nightlife, and entertainment venues. Those residing in 210 California benefit from convenient access to various lifestyle amenities, whether by foot, bike, or car. The Third Street Promenade, located just a short 5-minute walk away, provides an ideal destination for upscale shopping, dining, and entertainment. This pedestrian-friendly area, situated east of the Pier, comprises three car-free blocks and is centered around Santa Monica Place, which houses over 80 retailers. Starting at the Santa Monica Place shopping center, the Third Street Promenade extends northward towards Wilshire Blvd.Price Reduced by $750,000 100% VacantThe property was vacated utilizing the Ellis Act guidelines in 2019, providing new ownership multiple investment strategies. Potential Redevelopment Site 210 California provides a wide range of investment strategies for new owners, including renovating the current building or redeveloping the site. Santa Monica, which was granted a prohousing designation by the Governor in February of this year, has made its development process more efficient. This allows for the possibility of receiving additional funding and faster approval for new housing developments. Walkable, Vibrant and Highly Amenitized Neighborhood Santa Monica offers a picturesque beach town setting with a plethora of attractions, renowned shopping, dining options, vibrant nightlife, and entertainment venues. Those residing in 210 California benefit from convenient access to various lifestyle amenities, whether by foot, bike, or car. The Third Street Promenade, located just a short 5-minute walk away, provides an ideal destination for upscale shopping, dining, and entertainment. This pedestrian-friendly area, situated east of the Pier, comprises three car-free blocks and is centered around Santa Monica Place, which houses over 80 retailers. Starting at the Santa Monica Place shopping center, the Third Street Promenade extends northward towards Wilshire Blvd.

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Listing Courtesy of NorthMarq Realty Services, Inc. San Diego Multiple Listing Service, Inc. “SDMLS” Last Updated: 11/15/2024 12:02 PM
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