Santa Monica (C14) Homes with Multi Family Subtype

Welcome to Santa Monica, California, a vibrant coastal gem nestled in Los Angeles County. Known for its stunning beaches, iconic pier, and lively atmosphere, this charming city offers a unique blend of urban sophistication and laid-back beach culture. With its year-round pleasant climate, Santa Monica is not just a destination; it’s a lifestyle.

For those considering investment opportunities, the multi-family homes in Santa Monica present an attractive option. These properties are not only ideal for generating rental income but also provide a chance to be part of a community that thrives on diversity and creativity. Imagine owning a multi-family residence just moments away from the golden sands and the bustling Third Street Promenade, where boutique shopping, dining, and entertainment await.

Santa Monica's multi-family homes come in various styles, from modern apartment complexes to charming vintage duplexes, catering to a wide range of preferences and budgets. The demand for rental properties in this sought-after area is consistently high, making it a smart choice for investors looking to capitalize on the flourishing real estate market.

Beyond the beautiful homes, residents enjoy access to top-rated schools, lush parks, and a rich cultural scene, including art galleries and theaters. With convenient public transportation options and proximity to major highways, Santa Monica is not only a beautiful place to live but also a strategic location for commuting to nearby cities.

Whether you're an investor or a future homeowner, Santa Monica's multi-family properties offer a unique opportunity to embrace the Southern California lifestyle while securing your financial future. Come and explore the possibilities that await in this enchanting coastal city!

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.