Santa Monica - Beach Property For Sale #5497425

**Offers due 10/31 at 10 AM** On the market for the first time in 96 years, this prime Santa Monica teardown/development opportunity sits on a generous 7,513 sq.ft. lot, zoned SMR2, with alley access. The property will be delivered vacant and cleared of personal belongings, offering a clean slate for your next project. Built in 1925, the current duplex features two side-by-side units, each with 2 bedrooms and 1 bathroom. A detached garage with alley access adds extra flexibility for future development. The existing structures are major fixers and are priced accordingly for land value, making it an ideal opportunity for developers looking to capitalize on the area's demand for multifamily housing. Located just a few blocks east of Lincoln Blvd, offering easy access to Santa Monica's amenities, beaches, and transportation. This is a rare chance to acquire a sizable lot in a sought-after area with immense potential for redevelopment.