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- LoopNet Team
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 | Proposed Use | Commercial |
Property Subtype | Commercial | Total Lot Size | 0.34 AC |
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
Parcel Numbers |
Multiple
|
Improvements Assessment | $0 |
Land Assessment | $11,133,774 | Total Assessment | $11,133,774 |
PROPERTY TAXES
- 4275-010-014
- 4275-010-013
zoning
Zoning Code | MUBL |
MUBL |
Listing ID: 19704560
Date on Market: 2020-05-28
Last Updated:
Address: 1807 Broadway, Santa Monica, CA 90404
The Land Property at 1807 Broadway, Santa Monica, CA 90404 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
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