3024 Pico Boulevard,Santa Monica, CA 90405
Santa Monica, CA 90405
Description
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.
Details
| MLS # | BB26087714 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 122 |
| Listing Provided By | Rosedale Real Estate | Farzam Jalili |
Features
| SQ Feet | 3,042 |
|---|---|
| Story(s) | 2 |
| Zoning | SM NC/R2 |
| Acreage | 0.13 |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Electric, Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Flat |
|---|---|
| Construction Materials | Brick, Stucco |
| Lot Features | No Landscaping, Paved, Rectangular Lot |
| Fencing | Partial |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Santa Monica |
| Zip Code | 90405 |
| Area | 699 Not Defined |
| Listing VS Median (in 90405) | |
Price: $3,350,000 low | high Med: $2,995,000 sqft: 3,042 low | high Med: 2,850 $ / sqft: $1,101 low | high Med: $1,051 On site: 122 low | high Med: 87 | |
Market Activity 90405
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Santa Monica |
| Zip Code | 90405 |
| Area | 699 Not Defined |
| Listing VS Median (in 90405) | |
Price: $3,350,000 low | high Med: $2,995,000 sqft: 3,042 low | high Med: 2,850 $ / sqft: $1,101 low | high Med: $1,051 On site: 122 low | high Med: 87 | |
 | $3,400,0003018 Pico BoulevardSanta Monica, CA 90405 |
 | $2,075,0002302 32nd StreetSanta Monica, CA 90405 |