Santa Monica Homes with Multi Family Subtype

Welcome to Santa Monica, California – a vibrant coastal gem nestled in the heart of Los Angeles County. Renowned for its stunning beaches, iconic pier, and eclectic atmosphere, Santa Monica offers a unique blend of urban sophistication and laid-back beach lifestyle. With a Mediterranean climate that boasts over 300 days of sunshine a year, residents can enjoy outdoor activities year-round, from surfing at the famous Santa Monica Beach to biking along the scenic beachfront path.

Santa Monica is not just a picturesque destination; it’s a thriving community with a rich cultural scene. The Third Street Promenade is a bustling hub filled with shops, restaurants, and entertainment options, providing a perfect backdrop for leisurely strolls or vibrant nightlife. The city is also home to numerous parks, art galleries, and farmers' markets, ensuring there’s always something happening.

For those looking to invest in multi-family homes, Santa Monica presents an exceptional opportunity. The multi-family housing market here is diverse, ranging from charming vintage duplexes to modern apartment complexes with ocean views. These properties not only offer the potential for rental income but also provide an ideal setting for families or individuals seeking a community-oriented lifestyle. With a strong demand for housing in this desirable area, investing in multi-family properties can be both a smart financial decision and a chance to be part of a thriving community.

Whether you’re looking to call Santa Monica home or seeking a lucrative investment, the city’s unique charm and vibrant lifestyle make it an unparalleled place to live. Discover the possibilities of multi-family living in this coastal paradise today!

Newest Santa Monica Homes with Multi Family Subtype

$2,100,000

PF26181312 MLS ⋅ Active Status

1513 17th Street presents a compelling multifamily development opportunity in the heart of Santa Monica, just blocks from major employment, retail, dining, and transit amenities. The property consists of an approximately 7,497-square-foot lot zoned MUBL (Mixed-Use Boulevard Low), providing a favorable framework for residential redevelopment in one of Southern California’s most supply-constrained coastal markets. . Current zoning allows housing projects up to a 3.25 FAR and 70 feet in height, translating to approximately 24,365 square feet of potential floor area and the potential for a six-story residential development, subject to architectural design, applicable development standards, affordability requirements, and City approval. . Located in close proximity to the Metro E Line’s 17th Street/SMC Station, the property offers exceptional regional connectivity and benefits from transit-oriented development policies, including reduced parking requirements that may enhance project feasibility. The site is also minutes from Downtown Santa Monica, Santa Monica College, Silicon Beach employment centers, and the city’s extensive collection of restaurants, shopping, entertainment, and recreational amenities. . With strong underlying land fundamentals, favorable residential zoning, excellent transit access, and significant barriers to new development throughout Santa Monica, 1513 17th Street represents a rare opportunity for developers and investors seeking to create new housing in a premier Westside location.

1513 17th St, Santa Monica

$3,350,000

BB26087714 MLS ⋅ Active Status

Prime Santa Monica Development Assembly lots at: 3018, 3024 & 3026 Pico Blvd Offering $10,000,000.00 An exceptionally rare opportunity to acquire a premier three-property development assembly in the highly coveted Sunset Park neighborhood of Santa Monica. Spanning three contiguous parcels along the bustling Pico Boulevard corridor, this portfolio is the ultimate package for a developer or visionary investor seeking a substantial footprint in one of Westside Los Angeles's most dynamic and high-demand markets. 3024 PICO Blvd is a fully tenanted 6-unit residential multifamily property to be sold together with a versatile fully tenant commercial storefront/retail building at 3018 PICO Blvd, and a fully tenanted commercial building featuring active store and office spaces at 3026 PICO Blvd. These three contiguous lots with 150 feet frontage and 17550 Sq/ft in Santa Monica Neighborhood Commercial (NC) zoning provides immediate, diversified cash flow while planning for future development and offer massive flexibility for a mixed-use commercial and residential project situated in a "Biker’s Paradise" with a high Walk Score, the site offers seamless access to Santa Monica’s premium local businesses, transit, beaches, and top-tier schools. Properties like this rarely come to market as a unified package. Whether you are looking to capitalize on existing, stabilized cash flow from reliable retail, office, and residential tenants or are ready to execute a large-scale development in a premium zip code, this Pico Boulevard assembly delivers unparalleled potential.

3024 Pico Boulevard, Santa Monica

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.