2711 Pico Boulevard

Property Overview

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.

Home Details

Property type: Residential Income
Year built: 1951
Living area: 9,926 sq ft
Lot size: 20,987 sq ft
Parking: 12 spaces
Days on market: 8
MLS status: Active
Zoning: SMC4*

Features & Amenities

Parking

Assigned
Uncovered

Community, Schools & Utilities

Utilities

Heating: WallFurnace
Cooling: None

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Location & Neighborhood

Santa Monica, CA 90405

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Frequently Asked Questions About 2711 Pico Boulevard

Property type: Residential Income

The current asking price is $5,500,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 2711 Pico Boulevard. Our team will confirm availability and timing.

This 18 bedrooms and 16 bathrooms property offers approximately 9,926 square feet of living space. It was built in 1951. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Santa Monica, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Santa Monica property.

The MLS currently reports the property as Active. It has been listed for 8 days. Status can change, so verify availability before relying on it.