Santa Monica CA Land for Sale
$7,950,000
1637 Stanford Santa Monica, CA 90404
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.53 Acres
- Baths:
- MLS#:
- SB24031693
ADDITIONAL INFORMATION
We are pleased to present 1637-1651 Stanford Street, a multifamily development opportunity in Bergamot neighborhood of Santa Monica. The Bergamot Neighbor of Santa Monica is one of the most desirable development markets in the country with many world-renowned companies calling the neighborhood home. 1637-1651 Stanford Street is located blocks away from some of the nation’s most prestigious companies which include Amazon Studios, Oracle, Red Bull, GoodRX, CBS Television and Lionsgate. 1637-1651 Stanford Street consists of four contiguous parcels on a total of 23,134 SF of land. The sites are all located within the Conservation Creative Sector of the Bergamot Plan. For Housing Projects located within the Conservation Creative Sector, the plan allows for market-rate multifamily to reach a height of 55 ft with a FAR of 2.5 while 100% affordable housing developments are allowed a maximum height of 65 ft with a FAR of 3. The sites are located within a half mile of the 26th Street/Bergamot light rail Metro line giving developers the ability to use California Assembly Bill 2097 to significantly reduce the parking requirements for housing projects. In addition, by utilizing the newly passed bill, California Assembly Bill 1287, a developer can increase the density by 100% by allocating 15% of the units to very low income, and 15% of the units to moderate income.
$2,590,000
1949 17th Street Santa Monica, CA 90404
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Baths:
- MLS#:
- OC24010766
ADDITIONAL INFORMATION
Building Permit Ready to Issue in September 2024. Builders/Developer's delight, vacant Lot with planning approval to build a five (5) units contemporary condo building(one affordable), right across the street from Santa Monica College (SMC). Conveniently located in between SMC and Metro Expo Line Rail Station on Colorado Ave which leads to USC and Downtown LA. All units are designed with 2 bedrooms and 2.5 Bathrooms, in addition to the private Balcony and roof top deck for an outdoor living space. Just minutes to the beach, 3rd street Promenade, Santa Monica Pier where fine dining and shopping awaits. Easy Access to freeway and public transportation. While 1949 17th can be delivered as-is with approved plans, the seller is also open to selling the project with permits ready to issue. Please contact listing agents for more details.
$3,500,000
Euclid Street Santa Monica, CA 90404
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Baths:
- MLS#:
- CL23339175
View additional info
Courtesy: Coldwell Banker Residential Brokerage
ADDITIONAL INFORMATION
Development Opportunity! Prime Santa Monica infill location. Plans with ready to issue permits per owner, to build a 10-unit luxury mixed use development with 1500 square foot retail/office space with 20-parking spaces. Property consist of 10-large one-bedroom luxury apartments with balconies and 1500 square feet of office/retail space. The project was designed by noted global architectural firm HLW. Located in close proximity to the new construction commercial developments along the Colorado Ave corridor. Close proximity to the Santa Monica light rail providing easy access to Westwood, mid-Los Angeles, and Downtown Los Angeles. Owner diligently saw the property through the challenging Santa Monica entitlement process (5 years). The property is ready to be demolished and permits are in a "Ready to Issue Status" per owner. Santa Monica new construction is always a sought after asset class, especially when designed by a noted Global Architectural firm such as HLW. Seller financing is available!
$3,250,000
1447 18th Street Santa Monica, CA 90404
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Baths:
- MLS#:
- WS22188412
ADDITIONAL INFORMATION
Residential Development Opportunty, Leased through 11/2023 ($5,500 per month), 11 Units Being Built Next Door, ± 7,500 SF Available
Santa Monica Real Estate
The median home value in Santa Monica, CA is $1,656,900. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Santa Monica, CA is $1,656,900. Approximately 25.36% of Santa Monica homes are owned, compared to 63.49% rented, while 11.15% are vacant. Santa Monica real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Santa Monica real estate agent to arrange a tour today!
Santa Monica, California 90404 has a population of 92,828. Santa Monica 90404 is less family-centric than the surrounding county with 27.41% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Santa Monica, California 90404 is $99,847. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Santa Monica 90404 is 41.4 years.
Santa Monica Weather
The average high temperature in July is 73.5 degrees, with an average low temperature in January of 49.3 degrees. The average rainfall is approximately 13.7 inches per year, with 0 inches of snow per year.