452 18th Street

Santa Monica, CA 90402

About this property

Exceptional RTI development opportunity in Santa Monica's highly sought-after North of Montana neighborhood. Situated on a beautiful tree-lined street, this 8,935 sq. ft. vacant lot comes with RTI permits in place, allowing builders, developers, and end users to begin construction without the delays of the entitlement process. Surrounded by multi-million-dollar homes and located near Montana Avenue, Franklin Elementary, and Santa Monica's top public and private schools, this is a rare opportunity to build a custom residence in one of the Westside's most desirable neighborhoods. Renderings are for illustrative purposes only. The completed residence may vary in design, finishes, and features. Based on $2,000 price per foot resale value would be $16,000,000.

About this property

Exceptional RTI development opportunity in Santa Monica's highly sought-after North of Montana neighborhood. Situated on a beautiful tree-lined street, this 8,935 sq. ft. vacant lot comes with RTI permits in place, allowing builders, developers, and end users to begin construction without the delays of the entitlement process. Surrounded by multi-million-dollar homes and located near Montana Avenue, Franklin Elementary, and Santa Monica's top public and private schools, this is a rare opportunity to build a custom residence in one of the Westside's most desirable neighborhoods. Renderings are for illustrative purposes only. The completed residence may vary in design, finishes, and features. Based on $2,000 price per foot resale value would be $16,000,000.

Features and Additional Information

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$5,750,000 Active
5 Bed(s)
6
Baths
8,000 sqft

Presented By Desert Lifestyle Properties

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Get in touch today! Phone: 1-760-818-7518
Brokerage
Compass
1-310-395-7090
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Area Information

C14 Santa Monica | Los Angeles County |

$ 5,750,000
This listing is play_arrow 364.8% higher than the average in the area
$ 1,237,000 in the area
8,000 SqFt
This listing is play_arrow 503.8% larger than the average in the area
1,325 SqFt in the area
$ 719 $/SqFt
This listing is play_arrow 24.5% less than the average in the area
$ 951 $/SqFt in the area
67 days on site
This listing is play_arrow 48.9% above the average in the area
45 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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Listed By Ron Wynn
Brokerage: Compass

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