2711 Pico Boulevard, Santa Monica, CA 90405
-
Listed Price :
$6,550,000
-
Beds :
18
-
Baths :
16
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Property Size :
9,926 sqft
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Year Built :
1951
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).
Interior Features
| Bedroom Information |
| Bedrooms |
18 |
| Bathroom Information |
| Bathrooms |
16 |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
2711 Pico Boulevard |
| City |
Santa Monica |
| State |
CA |
| Zip |
90405 |
| County |
Los Angeles |
| Listing Agent |
Benjamin J. Hsiang DRE #01438644 |
| Co-Listing Agent |
Don Favia DRE #01841258 |
| Courtesy Of |
Realty Investment Advisors, Inc. |
| List Price |
$6,550,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
9,926 |
| Lot Size |
20,782 |
| Year Built |
1951 |
Listing information courtesy of: Benjamin J. Hsiang, Don Favia, Realty Investment Advisors, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 19th, 2024 at 5:53 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
