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About This Home

This 0-bedroom, 0-bathroom commercial at 3024 Pico Boulevard in Santa Monica, CA is listed for $3,350,000 ($1,101 per sqft). Built in 1957, the home offers 3,042 sqft of living space on a N/A lot.

Agent 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.

Key Features

  • Built in 1957

Property Details

1957

Monthly Cost Estimate

$17,917/mo

20% down · 6.5% · 30 years

Principal$2,423
Interest$14,517
Insurance$977

Estimates only. Actual payments may vary.

Location

3024 Pico Boulevard

Santa Monica, CA 90405

Property Details

Cooling

Multi UnitsWall/Window Unit(s)Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 3024 Pico Boulevard is listed at $3,350,000 ($1,101/sqft). The estimated monthly payment is $14,517 based on 20% down at 6.5% interest.

Key features include: Built in 1957.

This property is listed by Farzam Jalili and can be reached at 8189404880 or fjalilica@gmail.com.

FJ

Farzam Jalili

Agent at Rosedale Real Estate

(818) 940-4880

Listed by Rosedale Real Estate · View on Broker Site

MLS# BB26087714· Source: listhub· Updated 39 days ago

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3024 Pico Boulevard, Santa Monica, CA 90405

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