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Light Industrial Development Site
For Sale
$6,000,000

1637 Stanford St, Santa Monica, CA 90404

Four-parcel industrial-zoned site with preliminary concepts for a 71-unit affordable housing development in Santa Monica.

Property SizeContact for details
Lot Size0.53 Acres
Days on Market175

Property Features for 1637 Stanford St

General Information

Standard status Active
Lot size 0.53 Acres
Property subtype LAND
Zoning SMLMSD
Listing Agency: Keller Williams Studio City
Listed By: Hooman Emanuel · License #01200237
Source: Evecap
Added: Apr 27 Changed: Oct 4 Last Checked: Oct 16 at 2:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Studio City

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Investment Insights

Based on property information with market context.

1637–1651 Stanford Street presents a +/- 23,134 square foot development site comprised of four parcels and zoned SMLMSD (Santa Monica Light Manufacturing & Studio District). The property offers flexibility for residential, creative office, or mixed-use development, with preliminary plans explored for a 71-unit 100% affordable housing project.

Located at 1637 Stanford St, Santa Monica, CA 90404, the site is described as being just minutes from the Water Garden and Bergamot Station, and within the broader creative and tech corridor serving major employers such as Oracle, Amazon Studios, and Red Bull. The remarks also note potential opportunities to further enhance density through programs such as the State Density Bonus Law, subject to applicable frameworks and approvals.

Key Highlights

  • +/- 23,134 SF four‑parcel development site at 1637–1651 Stanford Street
  • Zoned SMLMSD (Santa Monica Light Manufacturing & Studio District)
  • Preliminary plans explored for a 71‑unit 100% affordable housing development

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Clothing & Fashion Store Tanning Salon Food Market Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,945
Businesses Nearby

Demographics for 90404, CA

21,995
Population
11,499
Households
1.9
Avg Household Size
39
Median Age
59%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
10,998
Density / Sq Mi
$85,081
Median Household Income
$66,349
Median Earnings
$2,095
Median Rent
$1,159,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Four-parcel industrial-zoned site with preliminary concepts for a 71-unit affordable housing development in Santa Monica.
Where is this commercial land located?
The property is located at 1637 Stanford St Santa Monica, CA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: +/- 23,134 SF four‑parcel development site at 1637–1651 Stanford Street; Zoned SMLMSD (Santa Monica Light Manufacturing & Studio District); Preliminary plans explored for a 71‑unit 100% affordable housing development
More about this property
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