1637-1651 Stanford St - Commercial LAND FOR SALE


Santa Monica, CA 90404- Pico23,135 SF
$6,000,000 USD
818-335-0923
1637-1651 Stanford St, Santa Monica, CA for Sale
$6,000,000 USD
Commercial LAND - FOR SALE
1/10
23,135 SF

1637-1651 Stanford St
Santa Monica, CA 90404
Pico


HIGHLIGHTS

  • ±23,134 SF development site (4 parcels)
  • High-demand Santa Monica submarket with limited supply
  • Located near major employers: Oracle, Amazon Studios, Red Bull and close proximity to Water Garden, Bergamot Station, and transit
  • Zoned SMLMSD (Creative/Light Industrial District)
  • Ideal for affordable, mixed-use, or creative residential development
  • Preliminary plans for 71-unit affordable project

OVERVIEW

637–1651 Stanford Street presents a rare opportunity to acquire a ±23,134 square foot development site in one of Santa Monica’s most supply-constrained and highly desirable locations. Comprised of four parcels and zoned SMLMSD (Santa Monica Light Manufacturing & Studio District), the property offers significant flexibility for residential, creative office, or mixed-use development. Located just minutes from the Water Garden, Bergamot Station, and major employers such as Oracle, Amazon Studios, and Red Bull, the site sits at the epicenter of Santa Monica’s thriving creative and tech corridor. This prime positioning provides strong demand drivers for both residential and mixed-use projects. Preliminary plans have been explored for a 71-unit 100% affordable housing development, highlighting the site’s ability to support meaningful density under current planning frameworks. With the continued evolution of California housing legislation, there is potential to further enhance density through programs such as the State Density Bonus Law, creating an attractive opportunity for developers seeking to maximize yield in a high-barrier-to-entry market. The surrounding area features a dynamic mix of creative office, residential, and retail uses, along with excellent connectivity to transit and major thoroughfares. Opportunities to acquire infill sites of this scale in Santa Monica are extremely limited, making this a compelling investment for developers, affordable housing operators, and institutional investors alike.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/ACRE

$11,297,648/AC

PRICE/SF

$259 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Industrial, Office, Mixed Use, Multi-Family, Apartment Units, Apartment Units - Condo, Apartment Units - Senior, Health Care, Industrial Live/Work Unit

LAND ACRES

0.53 AC

LAND SF

23,134 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

SMLMSD

APN/PARCEL ID

4268-004-021,4268-004-022,4268-004-023,4268-004-024

ASK ABOUT THIS PROPERTY

Hooman EmanuelKW CommercialMore Info
818-335-0923

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Hooman EmanuelKW CommercialMore Info
818-335-0923

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