Santa Monica (C14) Homes with Multi Family Subtype

Welcome to Santa Monica, a vibrant coastal gem nestled in Los Angeles County, California. Known for its stunning beaches, iconic pier, and a lively atmosphere, Santa Monica offers a unique blend of urban sophistication and laid-back beach culture. With a mild Mediterranean climate, residents enjoy year-round sunshine, making it an ideal place for outdoor enthusiasts and sun-seekers alike.

Santa Monica is not just a tourist hotspot; it’s a thriving community that boasts an eclectic mix of shops, restaurants, and cultural attractions. From the bustling Third Street Promenade to the scenic Santa Monica State Beach, there’s always something to do, whether it’s dining at a trendy café or strolling along the picturesque boardwalk. The city is also home to excellent schools, parks, and a robust public transportation system, making it a family-friendly destination.

For those interested in real estate, Santa Monica offers a diverse range of housing options, particularly in the multi-family sector. Homes with a multi-family subtype are becoming increasingly popular, providing an excellent opportunity for both investors and homebuyers. These properties not only cater to those looking to live in this beautiful area but also offer the potential for rental income, making them a smart investment choice.

Whether you’re looking to embrace the Santa Monica lifestyle or seeking a profitable investment, the multi-family homes here present a unique opportunity to be part of this dynamic community. Experience the charm and allure of Santa Monica, where beachside living meets urban convenience.

Newest Santa Monica (C14) Homes with Multi Family Subtype

$2,100,000

PF26181312 MLS ⋅ Active Status

1513 17th Street presents a compelling multifamily development opportunity in the heart of Santa Monica, just blocks from major employment, retail, dining, and transit amenities. The property consists of an approximately 7,497-square-foot lot zoned MUBL (Mixed-Use Boulevard Low), providing a favorable framework for residential redevelopment in one of Southern California’s most supply-constrained coastal markets. . Current zoning allows housing projects up to a 3.25 FAR and 70 feet in height, translating to approximately 24,365 square feet of potential floor area and the potential for a six-story residential development, subject to architectural design, applicable development standards, affordability requirements, and City approval. . Located in close proximity to the Metro E Line’s 17th Street/SMC Station, the property offers exceptional regional connectivity and benefits from transit-oriented development policies, including reduced parking requirements that may enhance project feasibility. The site is also minutes from Downtown Santa Monica, Santa Monica College, Silicon Beach employment centers, and the city’s extensive collection of restaurants, shopping, entertainment, and recreational amenities. . With strong underlying land fundamentals, favorable residential zoning, excellent transit access, and significant barriers to new development throughout Santa Monica, 1513 17th Street represents a rare opportunity for developers and investors seeking to create new housing in a premier Westside location.

1513 17th St, Santa Monica

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.