16-Unit Apartment
For Sale
$5,990,000
2711 Pico Blvd, Santa Monica, CA 90405
Two side-by-side buildings offer a varied apartment mix with rear parking.
Property Size9,926 SF
Lot Size0.48 Acres
Days on Market184
Property Features for 2711 Pico Blvd
General Information
Standard status
Active
Size
9,926 SF
Lot size
0.48 Acres
Property subtype
MULTI_FAMILY
Zoning
MUBL
Units
Unit Mix
14 x 1BR, 2 x 2BR
Multifamily Units
16
Amenities
hardwood floors
Building Details
Building Size
9,926 SF
Year Built
1951
Buildings
2
Listing Agency:
Redpoint Realty
Listed By:
Arthur Yoon · License #01955545
Source:
Evecap
Added: Feb 27
Changed: Aug 30
Last Checked: Aug 2 at 8:32AM
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 Redpoint Realty
Investment Insights
Based on property information with market context.
This Santa Monica apartment property comprises two adjacent buildings with 16 units on a 20,897 SF lot. The unit mix includes fourteen 1-bedroom apartments and two 2-bedroom apartments, with 10 units currently vacant. Many apartments feature hardwood floors, and rear parking serves the property.
The site is next to Starbucks and surrounded by neighborhood retail, dining, and residential density. MUBL (Mixed-Use Boulevard) zoning establishes a base FAR of 2.0 and permits building heights up to 45 feet. The source information also identifies increased density up to FAR 2.5 and 55 feet for 100% affordable housing projects, subject to buyer verification with the City.
The site is next to Starbucks and surrounded by neighborhood retail, dining, and residential density. MUBL (Mixed-Use Boulevard) zoning establishes a base FAR of 2.0 and permits building heights up to 45 feet. The source information also identifies increased density up to FAR 2.5 and 55 feet for 100% affordable housing projects, subject to buyer verification with the City.
Key Highlights
- 16‑unit apartment property with fourteen 1‑bedroom units and two 2‑bedroom units
- 10 vacant units across two side‑by‑side buildings
- 20,897 SF lot with rear parking
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
3,344
Businesses Nearby
Explore this area
Business Placement
Demographics for 90405, CA
27,966
Population
15,726
Households
1.8
Avg Household Size
43
Median Age
70%
College-Educated
96%
High-School Grad
2.8 sq mi
ZIP Area
9,988
Density / Sq Mi
$114,489
Median Household Income
$84,727
Median Earnings
$2,311
Median Rent
$1,940,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two side-by-side buildings offer a varied apartment mix with rear parking.
Where is this apartment building located?
The property is located at 2711 Pico Blvd Santa Monica, CA.
What is the asking price?
The asking price for this property is $5,990,000.
What are key features of this property?
This property features: 16‑unit apartment property with fourteen 1‑bedroom units and two 2‑bedroom units; 10 vacant units across two side‑by‑side buildings; 20,897 SF lot with rear parking
