Land For Sale • 0.04 AC
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
| 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. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles International | 16 min | - | 9.2 mi |
| Bob Hope | 32 min | - | 20.9 mi |
| Long Beach (Daugherty Field) | 35 min | - | 26.6 mi |