Active
2711 Pico Blvd
Santa Monica CA, 90405
$6,550,000
$659.88 per sqft
Active
18 Beds
16 Baths
9,926 sqft
Multi-family
Built in 1951
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).
24-470083
MLSⓇ ID
December 9, 2024
Listed
December 17, 2024
Updated
Map
2711 Pico Blvd
Santa Monica CA, 90405
Interior Features
Total Stories
1
Bedrooms
18
Total Bathrooms
16
Appliances
Range/Oven
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.48 Acres
Other Property Details
Area Name
Santa Monica
Days on Market
8
Garage
No
Parking
Assigned
Parking Total
12
View
No
County
Los Angeles
Pool
No
Zoning
SMC4*
Listed by Benjamin J. Hsiang with Realty Investment Advisors, Inc.
Listing Contact: 424-377-6001
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Team Sorrentino | CA DRE #0974656 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 12/17/2024
