CA > Santa Monica
Santa Monica, CA 90405,2711 Pico BLVD
Santa Monica, CA 90405,2711 Pico BLVD
Santa Monica, CA 90405,2711 Pico BLVD
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Diego Magdaleno

Diego Magdaleno

1Vision Real Estate

+1(714) 376-8652
$6,550,000
Est. payment /mo
18 Beds
16 Baths
9,926 SqFt
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UPDATED:

01/24/2025 06:44 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,926 sqft

Price per Sqft $659

MLS Listing ID 24470083

Bedrooms 18

HOA Y/N No

Year Built 1951

Lot Size 0.477 Acres

Property Description

A Santa Monica Developer's Dream! DELIVERED WITH 10 VACANT UNITS! We are proud to present 2711-2715 Pico Blvd, a rare 16-unit apartment property in the heart of Santa Monica, offering incredible potential for investors and developers alike. Set on a sprawling 20,897-square-foot lot, this property features two side-by-side buildings comprising 14 one-bedroom units and 2 two-bedroom units, all with charming hardwood floors. Parking is conveniently located at the rear of the property, adding to its tenant appeal. Plus, it's situated directly next door to a Starbucks, ensuring unparalleled convenience and walkability. This property presents a remarkable value-add opportunity through renovation or redevelopment. Zoned MUBL (Mixed-Use Boulevard), the site allows for FAR 2.0 and 45' height under base standards. Potential for FAR 2.5 and 55' height with 100% affordable housing projects (buyer to verify with the City of Santa Monica).

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMC4*

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features Assigned

Total Parking Spaces 12

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4274008038

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Benjamin J. Hsiang • Realty Investment Advisors, Inc.
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If you are disappointed with the options available within your budget, let me know. 95% of the time, I can help "tweak" search criteria and find at least 10 properties that are tempting.

+1(714) 376-8652

diego@1visionproperties.com

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