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 containing10 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 Details
Property Features
Listing Office:
Office Name: CBRE
Listing Agent: John Boyett
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Other
Directions Information:
Directions: On Euclid
Price Information
Listing Price Info
Price Summary:
List Price: $1
Tax Information:
Annual Amount: $30,084
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Santa Monica, CA.
This property is $1.8M less than the Median Sold Price in Santa Monica, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24467127
Listing Office:
Office Name: CBRE
Listing Agent: John Boyett
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/17/2024, 11:55:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 08, 2015
Jun 08, 2015Home Sold
$2,250,000
Mar 30, 2012
Mar 30, 2012Home Sold
$900,000
Jan 19, 1988
Jan 19, 1988Home Sold
$300,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$30,084
$2,498,225
2020
$29,584
$2,472,609
2019
$27,735
$2,424,127
2018
$27,620
$2,376,596
2017
$27,620
$2,329,998
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
McKinley Elementary School
2401 Santa Monica Blvd
Distance between this listing and this school0.84 miles
Public District Grades KG-5
6
/10
Will Rogers Learning Community
2401 14th St
Distance between this listing and this school1.01 miles
Public District Grades KG-5
7
/10
Roosevelt Elementary School
801 Montana Ave
Distance between this listing and this school1.05 miles
Public District Grades KG-5
Nearby Schools
8
/10
Lincoln Middle School
1501 CA Ave
Distance between this listing and this school0.60 miles
Public District Grades 6-8
7
/10
John Adams Middle School
2425 16th St
Distance between this listing and this school1.05 miles
Public District Grades 6-8
9
/10
Santa Monica Alternative (K-8)
2525 5th St
Distance between this listing and this school1.15 miles
Public District Grades KG-8
Nearby Schools
9
/10
Santa Monica High School
601 Pico Blvd
Distance between this listing and this school0.71 miles
Public District Grades 9-12
2
/10
Olympic High (Continuation)
721 Ocean Park Blvd
Distance between this listing and this school1.14 miles
Public District Grades 9-12
7
/10
New West Charter
1905 Armacost Ave
Distance between this listing and this school1.94 miles
The neighbors living near this home have an average income of $43,793. Typical income of Santa Monica, CA residents is less than $35k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1512 Euclid St
What is the listing price of this property?
The listing price of 1512 Euclid St property is $1.
What type of property is this?
The property 1512 Euclid St is land located in Santa Monica, California, 90404.
Is this property for sale now?
Active Listing: 1512 Euclid St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $30,084 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 8, 2015 for $2,250,000. (source: MLS/tax record).
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This home is located at 1512 Euclid St in Santa Monica, CA and zip code 90404 in the Pico neighborhood. This home sits on a 0.17 acre lot. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $1.
In November 2024, from all listings sold in Santa Monica, CA there were more than 12 sold above asking price, over 24 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in Santa Monica, CA between October 2024 and November 2024 decreased by 4.4%. In November 2024 median list price was $1,898,147 and the average listing age was 33 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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