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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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2711 Pico Boulevard Santa Monica, CA 90405
$5,500,000 18 beds, 16 baths
9, 926 sqft
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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Agent Remarks

A true Santa Monica developer's dream delivered with 10 vacant units. 2711-2715 Pico Blvd presents a rare opportunity to acquire a 16-unit apartment property in the heart of Santa Monica, offering exceptional value-add and redevelopment potential. Situated on an expansive 20,897 SF lot, the property consists of two side-by-side buildings totaling 16 units, including fourteen 1-bedroom units and two 2-bedroom units. Many units feature charming hardwood floors, and convenient rear parking enhances tenant appeal. The location offers strong walkability and daily convenience, positioned directly next to Starbucks and surrounded by neighborhood retail, dining, and residential density. Zoned MUBL (Mixed-Use Boulevard), the site provides attractive development flexibility with a base FAR of 2.0 and up to 45 feet in height. Potential exists for increased density up to FAR 2.5 and 55 feet for 100% affordable housing projects (buyer to verify with the City). Ideal for investors or developers seeking a prime Westside asset with immediate upside through renovation, lease-up, or new construction. Seller will carry, pls ask.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26102086
List price is $5,500,000
Beds: 18
Baths: 16
Built in 1951
9,926 sqft
1 story
0.48 acres
Lot size: 0.4818
County: Los Angeles
Zoning: SMC4*
Parking description: Assigned,Uncovered
Heating/cooling: None
Heating description: Wall Furnace
MLS area: C14 - Santa Monica

Last Updated: 10/22/2026

 Find more Santa Monica homes and real estate

 Find more homes in 90405 zip code

This listing belongs to the C14 - Santa Monica MLS area

Lat/Long: 34.024113, -118.461235.
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Listing Agent: Arthur Yoon
Lic#: 01955545
Broker: Courtesy of Redpoint Realty

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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