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1512 Euclid St
Santa Monica, CA 90404
RTI Development · Land For Sale · 0.17 AC

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INVESTMENT HIGHLIGHTS

  • Rare opportunity to acquire land in Santa Monica.
  • 10 large luxury units with 1,600 square feet of ground floor retail/office space.
  • Located adjacent to 20+ electric vehicle charging stations.
  • RTI Permitted mixed-use development site.
  • Mixed use boulevard low zoning (MUBL).
  • Designed by global architectural firm HLW International.

EXECUTIVE SUMMARY

The Boyett Team proudly introduces a distinguished development opportunity:
A (RTI) development site, presenting a rare opportunity to develop a Mixed-Use property with 10 Large Luxury One-Bedroom One-Bathroom Units as well as 1,600 square feet of Ground Floor Retail/Office space. This property presents a pristine canvas for development with the ability to avoid the entitlement process by pursuing existing plans or Investors ca view the land through their own creative lens and develop a trophy asset in Mid City Santa Monica. Project Description-RTI-ready to issue permits to build a Three Story mixed-use project. The ground level designated for 1,600 Square Feet of Retail/Office space and the 2nd and 3rd floors containing 10 residential units. Lastly the current plans provide Subterranean Parking with a total of 20 parking spaces. Existing plans will be provided upon request. Zoned as Mixed-Use Boulevard Low (MUBL) - 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, residential, and hotel uses in limited areas. Residential development for all income levels is the predominant use above the first floor. Don’t miss out on this exceptional opportunity to make your mark on Santa Monica’s real estate landscape

PROPERTY FACTS

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
Total Lot Size 0.17 AC
Zoning MUBL - MUBL ( Mixed use Boulevard ) per architectural plans.

1 LOT AVAILABLE

Lot

Price $3,442,225 CAD
Price Per AC $20,248,381.53 CAD
Lot Size 0.17 AC

Project Description-RTI-ready to issue permits to build a Three Story mixed-use project. The ground level designated for 1,600 Square Feet of Retail/Office space and the 2nd and 3rd floors containing 10 residential units.

DESCRIPTION

Prime development lot location in Mid City Santa Monica. Zoned as Mixed-use Boulevard Low, this district is intended to facilitate the transformation of sections of boulevards into vibrant, highly walkable areas. The property is ready to issue, permitted mixed-use development site.

  • Listing ID: 35376322

  • Date on Market: 2024-11-04

  • Last Updated:

  • Address: 1512 Euclid St, Santa Monica, CA 90404

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