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Commercial Property — 3026 PICO Boulevard, Santa Monica, CA

$3,250,000

3026 PICO Boulevard, Santa Monica, CA

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About this property

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. 3026 PICO Blvd. a fully tenanted commercial building featuring active store and office spaces to be sold to gether with a fully tenanted 6-unit residential multifamily property at 3024 PICO Blvd. and a versatile fully tenant commercial storefront/retail building at 3018 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 also 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.

Property details

Square feet
4,202
Property type
CommercialSale

Location

3026 PICO Boulevard • Santa Monica, CA 90405

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Listed by

Farzam Jalili · Rosedale Real Estate