Santa Monica Homes with Multi Family Subtype

Welcome to Santa Monica, California – a vibrant coastal gem nestled in Los Angeles County that perfectly blends sun-soaked beaches, a bustling downtown, and a rich cultural scene. Known for its iconic pier, stunning ocean views, and a laid-back yet lively atmosphere, Santa Monica is not just a destination; it’s a lifestyle. With its mild Mediterranean climate and an abundance of outdoor activities, residents enjoy everything from beach volleyball to scenic bike rides along the famous beachfront path.

For those looking to invest in real estate, Santa Monica offers an enticing opportunity with its multi-family homes. These properties are perfect for savvy investors or families seeking to create a multi-generational living experience. With a variety of architectural styles, from charming beach cottages to modern duplexes, multi-family homes in Santa Monica are designed to accommodate diverse lifestyles while maximizing rental potential.

Living in a multi-family home allows you to enjoy the community spirit that Santa Monica is known for, while also benefiting from the convenience of shared amenities and reduced living costs. Imagine waking up to the sound of waves crashing, enjoying coffee on your shared patio, or taking a stroll to the nearby Third Street Promenade, filled with shops, restaurants, and entertainment.

Whether you’re an investor looking for a lucrative rental opportunity or a family wanting to create lasting memories in a vibrant community, Santa Monica’s multi-family homes are a perfect choice. Embrace the coastal charm and urban convenience that this beautiful city has to offer!

Newest Santa Monica Homes with Multi Family Subtype

$2,100,000

PF26181312 MLS ⋅ Active Status

1513 17th Street presents a compelling multifamily development opportunity in the heart of Santa Monica, just blocks from major employment, retail, dining, and transit amenities. The property consists of an approximately 7,497-square-foot lot zoned MUBL (Mixed-Use Boulevard Low), providing a favorable framework for residential redevelopment in one of Southern California’s most supply-constrained coastal markets. . Current zoning allows housing projects up to a 3.25 FAR and 70 feet in height, translating to approximately 24,365 square feet of potential floor area and the potential for a six-story residential development, subject to architectural design, applicable development standards, affordability requirements, and City approval. . Located in close proximity to the Metro E Line’s 17th Street/SMC Station, the property offers exceptional regional connectivity and benefits from transit-oriented development policies, including reduced parking requirements that may enhance project feasibility. The site is also minutes from Downtown Santa Monica, Santa Monica College, Silicon Beach employment centers, and the city’s extensive collection of restaurants, shopping, entertainment, and recreational amenities. . With strong underlying land fundamentals, favorable residential zoning, excellent transit access, and significant barriers to new development throughout Santa Monica, 1513 17th Street represents a rare opportunity for developers and investors seeking to create new housing in a premier Westside location.

1513 17th St, Santa Monica

$3,350,000

BB26087714 MLS ⋅ Active Status

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.

3024 Pico Boulevard, Santa Monica

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.