2002 21St St Santa Monica, CA 90404
- Land
- 0.66 lot acres
Current Use by Public Records
- Land
Property Details for 2002 21St St
- Lot size
- 0.66 lot acres
- Property type
- Land
Description
This exceptional 0.66-acre development site presents a truly unique opportunity in the highly desirable Santa Monica market. Fully entitled for a 19-unit condominium townhome project, this shovel-ready property is located at 2002 21st Street, Santa Monica, CA 90404 (APN 4274-026-026) and offers immediate construction potential. The project is planned as a 100% market-rate development, ensuring strong rental or sales potential. Each of the 19 units will boast two bedrooms and two and a half bathrooms, providing ample living space for residents. Adding to the appeal, all townhomes will include either a rooftop deck or a mezzanine space, enhancing the desirability and value of each unit. The nearly 29,000-square-foot corner lot provides ample space for the development and offers excellent visibility and accessibility. This is a rare chance to capitalize on the robust Santa Monica real estate market with a fully permitted and ready-to-build project. Located in Los Angeles County, this property offers a prime location within a thriving community. The site's residential zoning and entitlements streamline the development process, minimizing delays and maximizing return on investment. Don't miss this exceptional opportunity to acquire a fully entitled, shovel-ready development site in one of California's most sought-after locations.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Santa Monica
- County
- Los Angeles
- State
- California
- Longitude
- -118.47
- Latitude
- 34.0211
