2711 Pico Blvd Santa Monica, CA 90405

$6,550,000
18 beds
16 baths
9,926 sqft
0.5 acres
$660 / sqft
House

Property details

About 2711 Pico Blvd

A Santa Monica Developer's Dream! DELIVERED WITH 10 VACANT UNITS! We are proud to present 2711-2715 Pico Blvd, a rare 16-unit apartment property in the heart of Santa Monica, offering incredible potential for investors and developers alike. Set on a sprawling 20,897-square-foot lot, this property features two side-by-side buildings comprising 14 one-bedroom units and 2 two-bedroom units, all with charming hardwood floors. Parking is conveniently located at the rear of the property, adding to its tenant appeal. Plus, it's situated directly next door to a Starbucks, ensuring unparalleled convenience and walkability. This property presents a remarkable value-add opportunity through renovation or redevelopment. Zoned MUBL (Mixed-Use Boulevard), the site allows for FAR 2.0 and 45' height under base standards. Potential for FAR 2.5 and 55' height with 100% affordable housing projects (buyer to verify with the City of Santa Monica).

Highlights

Home typeOther
HeatingWall Furnace
StatusActive
Size9,926 sqft
Lot size0.4771 Acres
Year built1951
ParkingAssigned
MLS #24470083

Summary

  • MLS Number: 24470083
  • MLS Name: CRMLS
  • Office Name: Realty Investment Advisors, Inc.
  • Listing Agent: Benjamin J. Hsiang

IDX 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: 2/3/2025, 9:21:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$1,837,494$24,330
2023$1,801,465$23,957
2022$1,766,144$23,698
2021$1,731,515$23,064
2020$1,713,762$22,675
2019$1,680,159$21,134
2018$1,647,216$20,984
2017$1,614,919$20,984

History based on county public records data.

Nearby schools

8

Edison Language Academy

Public District PK-5

0.2 mi

2402 Virginia Ave

7

Grant Elementary School

Public District PK-5

0.4 mi

2368 Pearl St

6

Will Rogers Learning Community

Public District KG-5

1.0 mi

2401 14th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $59,722. Typical income of Santa Monica, CA residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

35%
<35k
36%
35k-100k
25%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

74%
Single, No Kids
9%
Single, with Kids
9%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
6%
12-17 yrs old
45%
18-34 yrs old
34%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • H&MH&M
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • ChipotleChipotle
  • StarbucksStarbucks

What do the neighbors drive?

  • ToyotaToyota
  • VolkswagenVolkswagen
  • AudiAudi

What do the neighbors listen to?

  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2711 Pico Blvd

This home is located at 2711 Pico Blvd in Santa Monica, CA and zip code 90404 in the Pico neighborhood. This 9,926 square foot home, which was built in 1951, sits on a 0.48 acre lot. Features: 18 bedrooms, 16 bathrooms. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $6,550,000.

In January 2025 more than 13 listings in Santa Monica, CA were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 22 were sold below. The number of homes for sale in Santa Monica, CA increased by 43% between December and January 2025. In January 2025 median list price was $1,816,750 and the average listing age was 55 days.

From Rocket Homes Real Estate and based on county public records data.

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