Santa Monica, CA 90405
$2,995,000
Mark Quesada
Broker / Owner
DRE #02101365
Located on one of the most desirable streets in Ocean Park, this exceptional RTI development opportunity presents the chance to build two architecturally significant residences just moments from the beach. Situated in the highly sought after Ocean Park enclave of Santa Monica, 731 Ashland Avenue includes Ready to Issue permits and Coastal Commission approval for two detached modern homes, thoughtfully designed to maximize scale, light, and functionality in this premier coastal neighborhood. The front residence is planned as a 2,469 sq ft two story home with a basement, while the rear residence spans 2,099 sq ft and includes an attached 372 sq ft JADU, ideal for guest use or additional income. Surrounded by some of the Westside's most coveted homes and just moments from Main Street, Rose Avenue, and the sand, this is a rare shovel ready opportunity for developers or end users to create a legacy property in a premier Santa Monica location.
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$22,104/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Construction
Lot & parking
Listed by Bjorn Farrugia, Carolwood Estates
Co-listed by Alphonso Lascano, Carolwood Estates
MLS# 26846551 · Active
$1,990,000
Median sale price
39 days
Avg days on market
102.1% of list
Sells for
Closed sales in 90405 over the last 6 months, all home types.
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.
