1513 17th St - Commercial LAND FOR SALE


Santa Monica, CA 90404- Pico7,497 SF
$2,100,000 USD
281-825-1305
1513 17th St, Santa Monica, CA for Sale
$2,100,000 USD
Commercial LAND - FOR SALE
1/11
7,497 SF

1513 17th St
Santa Monica, CA 90404
Pico


HIGHLIGHTS

  • ±7,500 SF Lot - MUBL (Mixed-Use Boulevard Low) zoning
  • Up to 3.25 FAR for housing
  • ±24,365 SF theoretical maximum floor area
  • Up to 70 FT building height - Potential six-story residential development
  • Approximately 0.1 mile from the Metro E Line 17th Street/SMC Station
  • Existing 4 units - Month-to-month tenants

OVERVIEW

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. Buyer to verify and do their own due diligence.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/ACRE

$12,202,208/AC

PRICE/SF

$280 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

4 Units (Zoned C4) MF Lot

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.17 AC

LAND SF

7,497 SF

OFFSITE IMPROVEMENTS

Water

ZONING

MUBL

APN/PARCEL ID

4275-012-023

ASK ABOUT THIS PROPERTY

Tom ParkKW CommercialMore Info
281-825-1305

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Tom ParkKW CommercialMore Info
281-825-1305

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.