Description

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.

Property details

Bedrooms

18

Bathrooms

16

Square feet

9,926

Year built

1951

Property type

Residential Income

Lot size

20,987 sqft

Location

2711 Pico Boulevard • Santa Monica, CA 90405

More homes for sale and rent in Santa Monica, CA →

Listing Agent

Arthur Yoon

DRE #: 01955545

Brokerage: Redpoint Realty

Similar Listings

Recent sales near 2711 Pico Boulevard

2312 30th Street: Sold $1,750,000 · 3 bd · 2 ba · 1,367 sqft · Oct 2026 · 0.2 mi
RE/MAX One | DRE #01505983
Buyer's agent: Ryan Shaw, Compass | DRE #01921437
2416 29th Street: Sold $2,050,000 · 2 bd · 3 ba · 916 sqft · Jul 2026 · 0.2 mi
Sotheby's International Realty | DRE #01957452
Buyer's agent: Ron Wynn, Compass | DRE #00420587
2210 24th Street: Sold $1,841,650 · 6 bd · 5 ba · 3,671 sqft · Sep 2026 · 0.3 mi
2243 Cloverfield Boulevard: Sold $2,760,000 · 2 bd · 3 ba · 1,600 sqft · Aug 2026 · 0.3 mi
Redfin Corporation | DRE #01400091
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2312 32nd Street: Sold $2,005,000 · 3 bd · 2 ba · 1,361 sqft · Oct 2026 · 0.3 mi
Compass | DRE #01874517
Buyer's agent: Carter Kaufman, Compass | DRE #01968622
2341 32nd Street: Sold $4,200,000 · 5 bd · 4 ba · 3,739 sqft · Jul 2026 · 0.4 mi
Compass | DRE #01830534
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3214 Pearl Street: Sold $2,950,000 · 3 bd · 2 ba · 1,963 sqft · Sep 2026 · 0.4 mi
3316 Pearl Street: Sold $3,350,000 · 6 bd · 4 ba · 2,764 sqft · Jul 2026 · 0.5 mi
Beycome Brokerage Realty Inc. | DRE #02075404
Buyer's agent: MLS Non Member, Non Member MLS

Closed sales reported in 90405, nearest first, last 12 months. All recent sales in Santa Monica →

CRMLS

MLS# 26102086

Listed: 10/14/2026 1:11 AM

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/19/2026 4:48 PM. 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 deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Redpoint Realty

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

18-Bedroom Residential Income - 2711 Pico Boulevard, Santa Monica, CA