1018 5th, Santa Monica CA 90403 | $2,950,000

Beautiful Craftsman home ready to be restored to a dramatic single family home with separate guest quarters above the garage. It is located in the best north of Wilshire Santa Monica neighborhood blocks from Palisades Park and the beach. This is a City of Santa Monica Structure of Merit. It is not a designated Landmark, which gives the owner the freedom to create a new masterpiece or a quality restoration. The structures have original hardware, windows and moldings. The gardens include plumeria, roses and citrus trees reminiscent of the best of old Los Angeles. This single family residence is not to be missed and perfect for the most discerning buyers. It is substantially in tact with few visible alterations. The structure retains its original character defining features, character and setting. The property was Ellised in 2024 and therefore couldn't be leased out until 2029. This gives the new owner time for a careful high end restoration or a new architectural showpiece. Please review the State Ellis Act for further information. Marketing notes: Craftsman architecture was a key element of the Arts and Crafts Movement. Craftsman structures were primarily built between 1900 and 1929. The movement was a backlash against the Victorian architecture boom. It was a reaffirmation of the beauty of natural materials and forms, marrying beauty and function. It celebrated the superior quality of the artistry of craftsmen. Gustav Stickley, the furniture maker, coined the term "Craftsman". The original form of the structure and its 1924 conversion also exemplify the pattern of residential development in the Wilshire Montana area of Santa Monica in the early decades of the twentieth Century. The 1924 conversion to a triplex was a precursor to what would occur in the Wilshire Montana neighborhoods in the 1920s and 1930s.The structure is in remarkably good condition, holds its integrity and exhibits the workmanship and artistry which characterizes the Arts and Crafts and the Craftsman movement.

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