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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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2711 Pico Boulevard, Santa Monica – $5,990,000

  • 3 Beds
  • 2 Baths
  • 9,926 Sqft
  • .48 Acres
  • 3 Beds
  • 2 Baths
  • 9,926 Sqft
  • .48 Acres

2711 Pico Boulevard

A true Santa Monica developer's dream delivered with 10 vacant units. 2711-2715 Pico Blvd presents a rare opportunity to acquire a 16-unit apartment property in the heart of Santa Monica, offering exceptional value-add and redevelopment potential. Situated on an expansive 20,897 SF lot, the property consists of two side-by-side buildings totaling 16 units, including fourteen 1-bedroom units and two 2-bedroom units. Many units feature charming hardwood floors, and convenient rear parking enhances tenant appeal. The location offers strong walkability and daily convenience, positioned directly next to Starbucks and surrounded by neighborhood retail, dining, and residential density. Zoned MUBL (Mixed-Use Boulevard), the site provides attractive development flexibility with a base FAR of 2.0 and up to 45 feet in height. Potential exists for increased density up to FAR 2.5 and 55 feet for 100% affordable housing projects (buyer to verify with the City). Ideal for investors or developers seeking a prime Westside asset with immediate upside through renovation, lease-up, or new construction.

Essential Information

  • MLS® #26657565
  • Price$5,990,000
  • Bedrooms3
  • Bathrooms2.00
  • Square Footage9,926
  • Acres0.48
  • Year Built1951
  • TypeResidential Income
  • StatusActive

Community Information

  • Address2711 Pico Boulevard
  • AreaC14 - Santa Monica
  • CitySanta Monica
  • CountyLos Angeles
  • Zip Code90405

Amenities

  • Parking Spaces12
  • ParkingAssigned, Uncovered
  • GaragesAssigned, Uncovered

Interior

  • HeatingWall Furnace
  • CoolingNone
  • StoriesOne

Additional Information

  • Date ListedFebruary 27th, 2026
  • Days on Market16
  • ZoningSMC4*

Listing Details

  • AgentArthur Yoon
  • OfficeRedpoint Realty
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Arthur Yoon, Redpoint Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of March 15th, 2026 at 9:56am PDT. 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.