Active

2711 Pico Boulevard

Santa Monica, CA 90405
Mark as Favorite
Bed 18

Bed

Bath 0

Bath

SqFt9,926

Sqft

SqFt20,987

Sqft(Lot)

A true Santa Monica developer's dream delivered with 10 vacant units. 2711-2715 Pico Blvd presents a rare opportunity to acquire a 16-unit apartment property in the heart of Santa Monica, offering exceptional value-add and redevelopment potential. Situated on an expansive 20,897 SF lot, the property consists of two side-by-side buildings totaling 16 units, including fourteen 1-bedroom units and two 2-bedroom units. Many units feature charming hardwood floors, and convenient rear parking enhances tenant appeal. The location offers strong walkability and daily convenience, positioned directly next to Starbucks and surrounded by neighborhood retail, dining, and residential density. Zoned MUBL (Mixed-Use Boulevard), the site provides attractive development flexibility with a base FAR of 2.0 an d up to 45 feet in height. Potential exists for increased density up to FAR 2.5 and 55 feet for 100% affordable housing projects (buyer to verify with the City). Ideal for investors or developers seeking a prime Westside asset with immediate upside through renovation, lease-up, or new construction.

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Detail Ic Property Details

Property Type : Residential Income

Price : $5,990,000

AD Id : 75675034

MLS Id : 26657565

Beds : 18

Lot Size : 20,987 Sqft

Living Area Size : 9,926

Year Built : 1951

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 18

    Bathroom Information

    Total Baths: 16 Full Baths: 0 Half Baths: 0
  • Cooling Features

    None Air Conditioning

    Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1951 Building Area Total: 9,926

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.4818
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 20987

  • Listing Price Information

    Original List Price: 5,990,000 Listing Contract Date: 2026-02-27
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 4274008038

  • Garage and Parking

    Garage Description: Assigned,Uncovered

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C14 - Santa Monica Postal Code Plus 4: 1949 Directions: North on Cloverfield, East on Pico Blvd Zoning: SMC4* Source Property Type: Residential Income Area: C14 - Santa Monica
  • Building and Construction

    Property Age: 75 Year Built Source: Vendor Enhanced Total Square Feet Living: 9926 Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2521 33rd Street, Santa Monica, CA, 90405 $2,495,000 2 1 1,571 1,571 SqFt
2636 33rd Street, Santa Monica, CA, 90405 $2,549,000 2 1 1,035 1,035 SqFt
2341 32nd Street, Santa Monica, CA, 90405 $4,295,000 5 3 3,739 3,739 SqFt
2312 32nd Street, Santa Monica, CA, 90405 $2,199,000 3 2 1,361 1,361 SqFt
2302 32nd Street, Santa Monica, CA, 90405 $2,075,000 6 -- 3,492 3,492 SqFt
2410 Ocean Park Boulevard, Santa Monica, CA, 90405 $2,050,000 10 -- 6,324 6,324 SqFt
2626 Cloverfield, Santa Monica, CA, 90405 $4,950,000 -- -- 5,968 5,968 SqFt
2137 Ashland Avenue, Santa Monica, CA, 90405 $5,799,995 5 5 4,850 4,850 SqFt
2030 Marine Street, Santa Monica, CA, 90405 $2,999,000 3 1 1,899 1,899 SqFt
2210 24th Street, Santa Monica, CA, 90405 $1,995,000 6 -- 3,671 3,671 SqFt

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ByOwner last updated this listing 06/10/2026 @ 13:09

MLS: 26657565 LISTED BY: Arthur Yoon, Redpoint Realty 213-380-1500 SOURCE: CRMLS

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