2338 Ocean Park Boulevard, Santa Monica, CA 90405

Santa Monica
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
2338 Ocean Park Boulevard,Santa Monica, CA 90405
$4,000,000
  • 0.32 Acres
  • Lots / Land
  • Active
Listed by: luis ruiz
Office: lar realty, inc.323-223-3881
MLS#:26632711
Source:CRMLS

Price summary

  • Price:$4,000,000

About this home

First time on the market in over 35 years and located along a prime westwardly corridor to the beach. This property is a double lot with a total of 13,980 SF R-3 in the city of Santa Monica. Currently, the property is a 3,700 SF vacant motel and parking lot. The property is located in the City of Santa Monica and is zoned Medium Density Residential. The property includes two parcels totaling 0.161 acres. The project is not located within a fire hazard area nor flood zone. The property has a potential to build 11 units by right and a total of 23 units with 4 units set aside as affordable using AB 1287 (stackable density bonus law). Although, the offering has a building with all utilities in place, the property is aggressively priced at a land value of $286.12/SF

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Home facts

  • Listing ID #:26632711
  • Added:118 day(s) ago
  • Updated:May 03, 2026 at 10:43 AM

Structure and exterior

  • Lot area:0.32 Acres

Finances and disclosures

  • Price:$4,000,000
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