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3018-3030 Pico Blvd
Santa Monica, CA 90405 Sunset Park

$10,000,000 USD

Land For Sale  •  0.04 AC

Property Details

  • Property Type Land
  • Lot Size 0.04 AC
  • Zoning SMC4/NC
60 Transit Score
80 Walk Score

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. 3018 PICO Blvd. a fully tenanted commercial building featuring active store and office spaces to be sold to gether with a fully tenanted 6-unit residential multifamily property at 3024 PICO Blvd. and a versatile fully tenant commercial storefront/retail building at 3026 PICO Blvd. These three contiguous lots with 150 feet frontage and all together 0.04 Acres, (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 also 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. More information needed, call Farzam at 818 940-4880

Highlights

Mixed Used Opportunity on a 150 ft frontage would be receptive to 5 to 6-story buildings featuring ground-floor retail & residential units above
0.40 Acre footprint is large enough to aggressively utilize California's State Density Bonus Law.
Fullt tenanted units provide stabilized, diversified cash flow which offsets carrying costs during developement processing period.

Property Flyers

Public Transportation

AirportDriveWalkDistance
Los Angeles International 16 min - 9.2 mi
Bob Hope 32 min - 20.9 mi
Long Beach (Daugherty Field) 35 min - 26.6 mi
Farzam Jalili 818-940-4880 Rosedale Real Estate
Farzam Jalili 818-940-4880 Rosedale Real Estate