5,776 Sqft Lot
5,776 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26087714
HOA Y/N No
Year Built 1957
Lot Size 5,776 Sqft
Lot Dimensions Appraiser
Property Sub-Type Multi Family
Property Description
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.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning SM NC/R2
Interior
Heating Electric, Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry None
Exterior
Fence Partial
Roof Type Flat
Building
Lot Description No Landscaping, Paved, Rectangular Lot
Story 2
Water Public
Others
Tax ID 4270006042
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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