1637 Stanford Santa Monica, CA 90404
Property details
About 1637 Stanford
We are pleased to present 1637-1651 Stanford Street, a multifamily development opportunity in Bergamot neighborhood of Santa Monica. The Bergamot Neighbor of Santa Monica is one of the most desirable development markets in the country with many world-renowned companies calling the neighborhood home. 1637-1651 Stanford Street is located blocks away from some of the nation’s most prestigious companies which include Amazon Studios, Oracle, Red Bull, GoodRX, CBS Television and Lionsgate. 1637-1651 Stanford Street consists of four contiguous parcels on a total of 23,134 SF of land. The sites are all located within the Conservation Creative Sector of the Bergamot Plan. For Housing Projects located within the Conservation Creative Sector, the plan allows for market-rate multifamily to reach a height of 55 ft with a FAR of 2.5 while 100% affordable housing developments are allowed a maximum height of 65 ft with a FAR of 3. The sites are located within a half mile of the 26th Street/Bergamot light rail Metro line giving developers the ability to use California Assembly Bill 2097 to significantly reduce the parking requirements for housing projects. In addition, by utilizing the newly passed bill, California Assembly Bill 1287, a developer can increase the density by 100% by allocating 15% of the units to very low income, and 15% of the units to moderate income.
Highlights
Summary
- MLS Number: SB24031693
- MLS Name: CRMLS
- Office Name: Lyon Stahl Investment Real Estate, Inc.
- Office Phone: (303) 819-5225
- Listing Agent: Nico Rosmarin
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$7,950,000
1637 Stanford
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Price information
Property sales
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Tax history
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Nearby schools
8
Edison Language Academy
Public District PK-5
0.6 mi
•2402 Virginia Ave
7
McKinley Elementary School
Public District KG-5
0.6 mi
•2401 Santa Monica Blvd
6
Brockton Avenue Elementary
Public District KG-5
0.8 mi
•1309 Armacost Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $82,813. The majority of Santa Monica, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
Frequently asked questions
About 1637 Stanford
This home is located at 1637 Stanford in Santa Monica, CA and zip code 90404 in the Pico neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 14, 2024 and is currently priced at $7,950,000.
In January 2025, from all listings sold in Santa Monica, CA there were more than 13 sold above asking price, over 22 sold below and more than 6 were sold right at the asked price. In January 2025 in Santa Monica, CA there were 43% more homes for sale than in December. In January 2025 median list price was $1,816,750 and the average listing age was 55 days.