Light Manufacturing & Studio District Development
For Sale
$6,000,000
1637 Stanford Street Santa Monica, Santa Monica, CA 90404
Four-parcel development site zoned SMLMSD, with preliminary plans explored for a 71-unit 100% affordable housing project.
Property Size23,134 SF
Price / SF$259.36
Days on Market115
Property Features for 1637 Stanford Street Santa Monica
General Information
Standard status
Active
Size
23,134 SF
Property subtype
Land
Zoning
SMLMSD*
Site & Location
Neighborhood
Pico
Additional Details
Multifamily Units
71
Amenities
23134
0.5311
Other
Listing Agency:
Keller Williams Studio City
Listed By:
Hooman Emanuel · License #01200237
(424) 209-0773
Source:
Rmarealty
Added: Jul 13
Changed: Oct 31
Last Checked: Sep 29 at 8:27AM
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 is a for-sale development site comprised of four parcels and totaling approximately +/- 23,134 square feet. The property is zoned SMLMSD (Santa Monica Light Manufacturing & Studio District), providing flexibility for residential, creative office, or mixed-use development. Preliminary plans have been explored for a 71-unit 100% affordable housing development, demonstrating the site’s capacity to support meaningful density under current planning frameworks.
The site is located just minutes from the Water Garden and Bergamot Station and sits within Santa Monica’s creative and tech corridor, with major employers such as Oracle, Amazon Studios, and Red Bull referenced in the surrounding area.
Interested parties should review the existing zoning and the preliminary planning work to evaluate development approaches under current and evolving density programs.
The site is located just minutes from the Water Garden and Bergamot Station and sits within Santa Monica’s creative and tech corridor, with major employers such as Oracle, Amazon Studios, and Red Bull referenced in the surrounding area.
Interested parties should review the existing zoning and the preliminary planning work to evaluate development approaches under current and evolving density programs.
Key Highlights
- +/- 23,134 SF development site on Stanford Street in Santa Monica (0.5311 acres)
- Comprised of four parcels and zoned SMLMSD (Santa Monica Light Manufacturing & Studio District)
- Preliminary plans explored for a 71‑unit 100% affordable housing development
Property Analytics
Who owns this building?
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Lease Details
71
Residential units
Location Intelligence
Trade Area within ½ mile
4,945
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Four-parcel development site zoned SMLMSD, with preliminary plans explored for a 71-unit 100% affordable housing project.
Where is this commercial land located?
The property is located at 1637 Stanford Street Santa Monica 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 development site on Stanford Street in Santa Monica (0.5311 acres); Comprised of four parcels and zoned SMLMSD (Santa Monica Light Manufacturing & Studio District); Preliminary plans explored for a 71‑unit 100% affordable housing development
