3018 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 Blvd. 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. 3018 PICO Blvd: A versatile fully tenant commercial storefront/retail building to be sold together with A fully tenanted 6-unit residential multifamily property at 3024 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 # | BB26086947 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 128 |
| Listing Provided By | Rosedale Real Estate | Farzam Jalili |
Features
| SQ Feet | 3,000 |
|---|---|
| Story(s) | 2 |
| Acreage | 0.14 |
Interior
| Cooling | Ductless, Electric |
|---|---|
| Heating | Ductless, Electric |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Flat |
|---|---|
| Lot Features | No Landscaping, Near Public Transit, Value In Land |
| 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: $3,400,000 low | high Med: $1,256,500 sqft: 3,000 low | high Med: 746 $ / sqft: $1,133 low | high Med: $1,706 On site: 128 low | high Med: 39.5 | |
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: $3,400,000 low | high Med: $1,256,500 sqft: 3,000 low | high Med: 746 $ / sqft: $1,133 low | high Med: $1,706 On site: 128 low | high Med: 39.5 | |
