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2715 Pico Boulevard, Santa Monica, CA 90405 (MLS # 20671908)

Price $7,250,000
Status Active
Beds 0
Baths 0 Bath
Home size 9,926 sqft
Lot Size 20,474 sqft
Days on Market 70
A Santa Monica Developer's Dream! Delivered with 10 Units Vacant. Spanning over a massive 20,782 sq.ft. lot, the property consists of 2 side by side buildings, featuring fourteen, one bedroom one bath units and two two-bedroom units all with hardwood floors. Parking is located at the rear of the property. This investment is an excellent opportunity for renovation of the existing apartments or redevelop with mixed-use zoning, which permits from FAR 1.25 for base standard up to FAR 2.0 for 100% affordable housing projects. Buyer's to do their own due diligence with City of Santa Monica as to permitted construction. Located a short distance to Santa Monica's premier shopping areas and host of high end boutiques, UCLA Medical Center, Bergamot Station Art Gallery & Cultural Center, Colorado Center Urban Creative Office, Santa Monica Water Garden, and home to Third Street Promenade, Santa Monica Place and Santa Monica Beach/Pier!
Property Type(s): Residential Income
Last Updated 12/18/2020 Year Built 1951
Community C14 - Santa Monica County Los Angeles

Additional Details

AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
AREA C14 - Santa Monica
GARAGE Carport
LOT 0.4700 acre(s)
STORIES 0
ZONING MUBL

Location

 

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Listing provided by : Benjamin J. Hsiang CalDRE: 01438644, Realty Investment Advisors, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2/25/21 1:27 PM PST and /or other sources. 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

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