Santa Monica (C14) Homes with Multi Family Subtype

Welcome to Santa Monica, a vibrant coastal gem nestled in Los Angeles County, California. Known for its stunning beaches, bustling pier, and a lively downtown scene, Santa Monica offers a unique blend of urban sophistication and laid-back beach culture. With an average of 280 sunny days a year, residents enjoy an outdoor lifestyle filled with activities like surfing, biking along the scenic beachfront path, and exploring the local farmers’ market.

When it comes to real estate, Santa Monica is a treasure trove of opportunities, particularly for those interested in multi-family homes. The multi-family subtype in this area is not just a smart investment; it’s a lifestyle choice that embraces community living. These homes often feature spacious layouts, providing ample room for families or tenants while fostering a sense of togetherness. With the demand for rental properties on the rise due to Santa Monica’s appeal, investing in multi-family homes can be a lucrative venture.

Imagine owning a property just minutes away from the iconic Santa Monica Pier or the upscale shopping at Third Street Promenade. The region is also home to top-rated schools, diverse dining options, and a thriving arts scene, making it an attractive locale for families and young professionals alike.

Whether you’re looking to invest or find a place to call home, Santa Monica’s multi-family homes offer a unique opportunity to be part of a dynamic community while enjoying the beautiful California coastline. Embrace the Santa Monica lifestyle and discover the perfect multi-family property that meets your needs!

Newest Santa Monica (C14) Homes with Multi Family Subtype

$2,100,000

PF26181312 MLS ⋅ Active Status

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.

1513 17th St, Santa Monica

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.