3024 Pico Boulevard
Property Description
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. 3024 PICO Blvd is a fully tenanted 6-unit residential multifamily property to be sold together with a versatile fully tenant commercial storefront/retail building at 3018 PICO Blvd, and a fully tenanted commercial building featuring active store and office spaces at 3026 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 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.
Broker Details
Rosedale Real Estate (818) 940-4880
MLS ID: BB41880 State License Number: 02030454
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $3,350,000 |
| Year Built: | 1957 |
| Opportunity Zone: | No |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-MRMLSCA-BB26087714
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