$4,000,000

2338 Ocean Park Boulevard, Santa Monica, CA 90405

Land
Built in ——
0.32acre lot
—— car garage
$——/sqft
Listed 3 months ago

Property Description

First time on the market in over 35 years and located along a prime westwardly corridor to the beach. This property is a double lot with a total of 13,980 SF R-3 in the city of Santa Monica. Currently, the property is a 3,700 SF vacant motel and parking lot. The property is located in the City of Santa Monica and is zoned Medium Density Residential. The property includes two parcels totaling 0.161 acres. The project is not located within a fire hazard area nor flood zone. The property has a potential to build 11 units by right and a total of 23 units with 4 units set aside as affordable using AB 1287 (stackable density bonus law). Although, the offering has a building with all utilities in place, the property is aggressively priced at a land value of $286.12/SF

Listing Status:: Active
Date Added:: December 30, 2025
Data Last Updated:: April 3, 2026 at 1:08AM
Listing Office:: LAR Realty, Inc. : 323-223-3881
Listing Agent:: Luis Ruiz : 323-223-3881
MLS ID:: CL26632711

County: Los Angeles

Zoning: SMR3*4272022008
View: None

This listing courtesy of Luis Ruiz , LAR Realty, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Grant Elementary School

2368 Pearl St, Santa Monica, CA, 90405

Grades PK-5

0.25 miles away

John Adams Middle School

2425 16th St, Santa Monica, CA, 90405

Grades 6-8

0.54 miles away

Olympic High (Continuation)

721 Ocean Park Blvd, Santa Monica, CA, 90405

Grades 9-12

1.20 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.