3024 Pico BLVD, Santa Monica, CA 90405
3024 Pico BLVD, Santa Monica, CA 90405
3024 Pico BLVD, Santa Monica, CA 90405
3024 Pico BLVD, Santa Monica, CA 90405
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Derek Reilly

Derek Reilly

+1(310) 902-2909
$ 3,350,000
Est. payment | /mo

5,776 Sqft Lot

Save
$ 3,350,000
Est. payment | /mo
Save

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

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.

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

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Farzam Jalili Rosedale Real Estate 818-940-4880, DRE #02030454

Nearby Locations

Derek Reilly

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(310) 902-2909

derek@westsidederek.com

4215 Highland Ave, Manhattan Beach, California 90266, USA

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3024 Pico BLVD