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 lively atmosphere, Santa Monica is more than just a picturesque destination; it's a thriving community that offers a unique blend of urban convenience and laid-back beach living.

The heart of Santa Monica pulses with a rich cultural scene, featuring boutique shops, gourmet restaurants, and a bustling farmers' market. With its proximity to the Pacific Ocean, residents enjoy year-round outdoor activities, from surfing to cycling along the scenic beachfront paths. The city's commitment to sustainability and green spaces makes it a haven for nature lovers, with parks and gardens offering tranquil retreats amidst the urban landscape.

For those seeking investment opportunities, homes with a multi-family subtype in Santa Monica present an exceptional choice. These properties not only provide a chance to live in one of California's most desirable neighborhoods but also offer the potential for rental income. With a strong demand for housing in this area, multi-family homes can be a savvy investment for both seasoned investors and first-time buyers looking to maximize their real estate portfolio.

Whether you're drawn to the allure of ocean views or the vibrant community spirit, Santa Monica offers a lifestyle that is both enriching and rewarding. Explore the possibilities of multi-family living in this dynamic city and discover the perfect place to call home while enjoying the benefits of a thriving rental market. Embrace the Santa Monica lifestyle – where beachside bliss meets urban sophistication!

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.