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Residential Development Land with RTI
For Sale
$3,325,000

731 Ashland Avenue, Santa Monica, CA 90405

Ready-to-issue permits and Coastal Commission approval for two detached residences, including a rear JADU.

Property Size5,646 SF
Price / SF$588.91
Days on Market169

Property Features for 731 Ashland Avenue

General Information

Standard status Active
Size 5,646 SF
Property subtype Land Lot
Zoning SMOP2*

Amenities

No
Listing Agency: Carolwood Estates
Listed By: Bjorn Farrugia · License #01864250
Source: Compass
Added: Mar 6 Changed: Aug 8 Last Checked: Mar 25 at 1:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carolwood Estates

Investment Insights

Based on property information with market context.

731 Ashland Avenue offers a ready-to-issue development opportunity for two detached modern residences in Ocean Park, Santa Monica. Permits are in hand, with Coastal Commission approval already obtained for the project. The front home is planned as a two-story residence with a basement, and the rear home is planned with an attached JADU of 372 square feet.

The site is positioned moments from the beach and near Main Street and Rose Avenue, placing it in a highly desirable coastal residential pocket of Santa Monica.

Plans call for approximately 2,469 square feet for the front residence and approximately 2,099 square feet for the rear residence, providing separate detached structures within the same development scope.

Key Highlights

  • Ready‑to‑issue permits and Coastal Commission approval for two detached modern residences at 731 Ashland Avenue in Ocean Park, Santa Monica
  • Front home planned as a 2,469 sq ft two‑story residence with a basement
  • Rear home planned at 2,099 sq ft with an attached 372 sq ft JADU

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Butcher Nursing Home (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,232
Businesses Nearby

Demographics for 90405, CA

27,966
Population
15,726
Households
1.8
Avg Household Size
43
Median Age
70%
College-Educated
96%
High-School Grad
2.8 sq mi
ZIP Area
9,988
Density / Sq Mi
$114,489
Median Household Income
$84,727
Median Earnings
$2,311
Median Rent
$1,940,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Ready-to-issue permits and Coastal Commission approval for two detached residences, including a rear JADU.
Where is this residential land & home lot located?
The property is located at 731 Ashland Avenue Santa Monica, CA.
What is the asking price?
The asking price for this property is $3,325,000.
What are key features of this property?
This property features: Ready‑to‑issue permits and Coastal Commission approval for two detached modern residences at 731 Ashland Avenue in Ocean Park, Santa Monica; Front home planned as a 2,469 sq ft two‑story residence with a basement; Rear home planned at 2,099 sq ft with an attached 372 sq ft JADU
More about this property
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