William Adams Architects Land With Permitted Plans - REDUCED to $1,295,000 1750 10th Street Santa Monica, CA 90404 Start construction immediately with this rare developer opportunity: a 7,500 square foot lot with approved, permitted plans for a 5-unit loft-style condominium project by award-winning architects. All entitlements have been obtained, building permits have been issued, fees have been paid and financing is readily available, shaving years and countless dollars off the normal approval process. In addition, having a permit for 5 units on this site is especially valuable as new city ordinances allow only 3 units, unless more costly affordable housing or environmental LEEDS "Silver" standards are met. The sensitive urban design scheme calls for south-facing glass curtain walls, doors sliding open to private patios and decks, and interiors bathed in natural light. Each 2-bedroom, 2-1/2 bath unit features its own fireplace in a wide-open 2-story space, exposed structural steel, wood framing and folded ceiling soffits. It's the kind of cutting-edge architecture that guarantees a premium on the re-sale side - ideal for both the small-scale owner/occupant and the professional speculator. REDUCED to $1,295,000 Status Active Type Land with Permitted Plans Bedrooms Five 2-bed units Baths 2-1/2 baths each Living Area 1,275 each (avg.) Lot Size 7,497 square feet (150 feet x 50 feet) For more information contact : Brian Linder, AIA, Realtor Jennifer Ehrman, Realtor 800-684-8862 TheValueOfArchitecture.net