The median home value in Santa Monica, CA is $1,825,000.
This is
higher than
the county median home value of $790,000.
The national median home value is $308,980.
The average price of homes sold in Santa Monica, CA is $1,825,000.
Approximately 27% of Santa Monica homes are owned,
compared to 65% rented, while
8% are vacant.
Santa Monica real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Santa Monica real estate agent to arrange a tour today!
Learn more about Santa Monica.
HUGE PRICE REDUCTION! Located on the prestigious and popular vacant lot with complete architectural plans approved by City of Santa Monica with a current and valid tract map. Perfect opportunity for developer or builder to complete the RTI process and build within the next 6 months. Current approved architectural plans are for 6 Luxury Attached Townhouses side by side with subterranean parking ranging in various sizes. Each unit has its own access from street level. Property is centrally located in a highly sought area and is within close proximity to shopping and public transit. The plans are beautiful and designed by a famous architect. Once built there will be views of the water from the rooftop deck of every townhouse. Don't pass on this rare opportunity at this price with being very close to getting RTI.
6,000 sq.ft. corner lot one block from Santa Monica Beach and Main Street stores and restaurants. Lot is zoned MUBL (Mixed-Use Boulevard Low), which favors potential development of ground floor commercial and upper floor housing. Highly visible potential site to show off new architecture. The property currently has a 3 BR 2 bath 1,954 sq.ft. home built in 1984. Gated access to a two car garage and additional parking. Could be used for home and business. Do no disturb occupants. Seller will show the house only after accepted offer. To be sold "As Is". Seller requests up to six months leaseback after the sale to facilitate moving.
We are pleased to present 1637-1651 Stanford Street, a multifamily development opportunity in Bergamot neighborhood of Santa Monica. The Bergamot Neighbor of Santa Monica is one of the most desirable development markets in thecountry with many world-renowned companies calling the neighborhood home. 1637-1651 StanfordStreet is located blocks away from some of the nations most prestigious companies which includeAmazon Studios, Oracle, Red Bull, GoodRX, CBS Television and Lionsgate.1637-1651 Stanford Street consists of four contiguous parcels on a totalof 23,134 SF of land. The sites are all located within the Conservation Creative Sector of the BergamotPlan. For Housing Projects located within the Conservation Creative Sector, the plan allows for market-rate multifamily to reach a height of 55 ft with a FAR of 2.5 while 100% affordable housing developments are allowed a maximum height of 65 ft with a FAR of 3. The sites are located within a half mile of the 26th Street/Bergamot light rail Metro line giving developers the ability to use California Assembly Bill 2097 to significantly reduce the parking requirements for housing projects. In addition, by utilizing the newly passed bill, California Assembly Bill1287, a developer can increase the density by 100% by allocating 15% of the units to very low income, and15% of the units to moderate income.
Introducing 1917 4th St - The Perfect Opportunity in Santa Monica Located at 1917 4th St in the heart of Santa Monica, California, this exceptional property presents a unique investment opportunity. Offering a highly sought-after location and a vibrant community, 1917 4th St is a valuable asset with immense potential. The property boasts 6,135 square feet (0.14ac) of land space, perfectly suited for a range of residential or commercial uses. This prime location is in close proximity to popular shopping destinations, renowned restaurants, and bustling entertainment venues. The property enjoys excellent visibility, ensuring maximum exposure for any business and attracting high value tenants. With its potential, 1917 4th St stands out as an attractive investment option. Please, note there is a 720sf vacant structure on the property. Whether you are an investor looking to add to your portfolio, a business owner searching for the perfect space, or an entrepreneur seeking to establish a foothold in Santa Monica, this property offers unparalleled opportunities. Don't miss out on the chance to own this exceptional property at 1917 4th St. Contact us today to get more info.
Shovel Ready development opportunity Located in one of LA's most prestigious neighborhoods-Ocean Park in Santa Monica, this rarely available development lot is entitled and ready to be built tomorrow-Just steps away from the beach, Santa Monica's main street with its trendy boutiques and famed restaurants. Prime for immediate development-this lot comes with fully entitled plans outlining a two-story, three unit condominium project with subterranean parking and private outdoor space. The plan design by iconic Santa Monica Based Architecture Firm-Mike Folonis Architects truly maximize the potential of this rare lot so close to the beach. Centered in the midst of so many attractions including, the Strand bike path with 22 miles of inspiring coastal scenery, the World Famous Santa Monica Pier, Shutters On the Beach Hotel, Casa Del Mar Hotel, The Viceroy, 3rd Street Promenade and famed Abbot Kinney neighborhood, this property is truly unique. //Property specs are as follows: Unit 1: 2 Bedrooms, 3.5 bathrooms, 2,110 sq ft living space, Patio (front) 541 sq ft, Patio (side) 232 sq ft, 2nd Floor Deck 135 sq ft, Roof Deck 164 sq ft. // Unit 2: 2 Bedrooms, 2.5 bathrooms, 1,530 sq ft living space, Patio (side) 241 sq ft. // Unit 3: 2 Bedrooms, 2.5 bathrooms, 1,275 sq ft living space, Patio (rear) 736 sq ft. Each unit comes with a two-car garage. Plans, Permits, and supporting documents available upon request-link provided.
Builders/Developer's delight, vacant Lot with planning approval to build a five (5) units contemporary condo building(one affordable), right across the street from Santa Monica College (SMC). Conveniently located in between SMC and Metro Expo Line Rail Station on Colorado Ave which leads to USC and Downtown LA. All units are designed with 2 bedrooms and 2.5 Bathrooms, in addition to the private Balcony and roof top deck for an outdoor living space. Just minutes to the beach, 3rd street Promenade, Santa Monica Pier where fine dining and shopping awaits. Easy Access to freeway and public transportation. While 1949 17th can be delivered as-is with approved plans, the seller is also open to selling the project with permits ready to issue. Please contact listing agents for more details.
Rare development opportunity located in the Santa Monica Canyon located 1/5 Block from the Beach. Property is situated between W Channel Rd and backs onto Chautauqua Blvd.17,136 sq ft total lot size comprised of 4 separate parcels currently with 2x 4 unit buildings, Single Family house and vacant lot. All parcels are to be sold concurrently together. Santa Monica mailing address but LA City real for Building codes. Potential to build 30-59 Units .Current zoning C-2Q would allow 30 Units and R-4 density bonus could allow up to 59 units if parking limits are met. 153 W Channel Rd is a 4 unit Ocean View apartment building with 2 units delivered vacant at close with a current gross Income of $134,864 year with 2 units vacant at close of escrow.157 W Channel Rd is a 2 story 1928 4 unit Building with Canyon and Ocean Views with current gross income of $142,867 with 2 units being delivered vacant at close. (Market rent for vacant units being used for current Income) Total Income of $277,731 for the 8 Units. The 3 Bd 2 Ba Single Family w/ some Ocean View, home approx. 1500 sq ft (Owners Home) vacant at close of escrow with projected rent of $96,00 yearly with a total of $373,000 Gross income at a 3.1 cap with Additional vacant 4488 sq ft lot being used as a garden. Potential market rent at $444,000 at 4 cap. Preliminary Development feasibility for the property has been conducted and renderings provided by Ketter Construction and development firm at 30 Units with 1 Commercial space and a Gym which could later be converted to ADU.
Development Opportunity! Prime Santa Monica infill location. Plans with ready to issue permits per owner, to build a 10-unit luxury mixed use development with 1500 square foot retail/office space with 20-parking spaces. Property consist of 10-large one-bedroom luxury apartments with balconies and 1500 square feet of office/retail space. The project was designed by noted global architectural firm HLW. Located in close proximity to the new construction commercial developments along the Colorado Ave corridor. Close proximity to the Santa Monica light rail providing easy access to Westwood, mid-Los Angeles, and Downtown Los Angeles. Owner diligently saw the property through the challenging Santa Monica entitlement process (5 years). The property is ready to be demolished and permits are in a "Ready to Issue Status" per owner. Santa Monica new construction is always a sought after asset class, especially when designed by a noted Global Architectural firm such as HLW. Seller financing is available!
Residential Development Opportunty, Leased through 11/2023 ($5,500 per month), 11 Units Being Built Next Door, 7,500 SF Available
Highly desirable Santa Monica lot ... builder's delight for development. .........part of 2 parcel sale (619 / 621 Pacific) for development opportunity - sold together. Seller is doing a 1031 exchange at COE and Buyer to cooperate at no expense to the Buyer. Reduced priced to move and submit all offers.
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