$6,550,000
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2711 Pico Boulevard Santa Monica, CA 90405
Cluster
Residence
18
Beds
16
Baths
9,926
Sq. Ft.
0.48
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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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 fe...atures 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).
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MLS#
24470083
Property Type
Cluster
Status
Bedrooms
18
Bathrooms
Year Built
1951
Square Feet
9,926
sq. ft
Lot Size
0.48
Stories
1.0
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