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1807 Broadway
Santa Monica, CA 90404

Land For Sale · 0.34 AC

Investment Highlights

  • IRREPLACEABLE SANTA MONICA LOCATION
  • ACCESSIBILITY & TRANSIT ORIENTED
  • DENSE IMMEDIATE POPULATION WITH AFFLUENT AREA DEMOGRAPHICS
  • NEAR POPULAR TOURIST DESTINATIONS

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.34 AC

Description

The property contains two (2) parcels of land currently used as a parking lot. Each parcel of land is 7,500 SF for a total of 15,000 square feet of land. Both parcels are zoned Mixed-Use Boulevard Low (MUBL). The zoning allow for a new two to three story development and 1.25 to 1.75 FAR (18,750 SF – 26,250 SF building based on a 15,000 square foot lot). 100% affordable projects here have an increased FAR of 2.0 and maximum height of 47’. The zoning for this part of Broadway encourages the transformation of pedestrian friendly streets. The following is pulled from Santa Monica’s zoning code: This Zoning District is intended to facilitate the transformation of sections of boulevards into vibrant, highly walkable areas with broad, pedestrian-friendly sidewalks, trees, landscaping, and local-serving uses with new buildings that step down in relationship to the scale and character of adjacent low density neighborhoods. Allowable ground floor uses include active, local-serving retail, open spaces such as plazas, service-oriented commercial uses, and residential and hotel uses in limited areas. Residential development for all income levels is the predominant use above the first floor.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 4275-010-014
  • 4275-010-013
Land Assessment
$7,744,695
Improvements Assessment
$0
Total Assessment
$7,744,695

zoning

Zoning Code MUBL
MUBL
  • Listing ID: 19704560

  • Date on Market: 5/28/2020

  • Last Updated:

  • Address: 1807 Broadway, Santa Monica, CA 90404

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