Type:
Beds:
Baths:
Built:
Sq. Ft:
Lot Size:
Area:
Zoning:
APN:
Tract:
Historic:
SFD
2
1
1949
779
50′ x 100′
4,996
OP-2
4288-004-005
Santa Monica
No

Planning Commission Current Caselist
Project: TM 08-003 3-Unit Condominium Applicant: Steven & Louise Feller
Plans for 3-unit condo total 4,718sf; each unit has private garage with 2-car parking side by side.

Zoning is OP-2. Santa Monica Municipal Code
Part 9.04.08.50 OP-2 Ocean Park Low Multiple Residential District
9.04.08.50.060 Property development standards
(b) Maximum Unit Density.
One dwelling unit for each two thousand square feet of lot area. An additional unit shall be allowed if excess lot area equals or exceeds one thousand square feet, after calculating the allowed number of units at two thousand square feet of lot area per unit.

Lot size is 4,996sf = 2,000 + 2,000 (+ 996 < 1,000) = 2 units.

http://www01.smgov.net/planning/planningcomm/planningcaselists.htm

For Sale $1,900,000 2/14/2008

Type:
Units:
Built:
Area:
Condominium
3
To Be Built
4,718

1,544
1,544
1,630

Asking price is $1,900,000 (with plans) Last Sale: 06/07/07 Sales Price: $1,300,000
Tear-down on double lot with plans for 3-unit condo by architect Michael Folonis. When complete, each 2-bedroom, 2.5 bath townhouse is projected to sell for $1.3 to $1.4 Million (or over $4 Million total) based on recent sales in the neighborhood by the same architect. Two units at 1,544 sf, one larger unit at 1,630 sf; each unit has private garage with 2-car parking side by side. Proposed exterior materials include concrete masonry, steel trowel stucco and flat seam copper roof. Interior finishes include concrete and hardwood floors, European cabinets and fixtures, stainless steel appliances, glass tile. Suitable for both the small-scale owner/occupant and the professional speculator.
http://www.homeasart.com/address.php?property_ID=1362

Sold 6/7/2007 $1,300,000
http://westside-bubble.blogspot.com/2007/07/sitting-on-second.html

http://www.redfin.com/CA/Santa-Monica/2912-2nd-St-90405/home/6778531

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