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Listed by Farzam Jalili • Rosedale Real Estate
$3,400,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB-26086947
Property Sub-Type Mixed Use
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Prime Santa Monica Development Assembly: 3018, 3024 & 3026 Pico Blvd Offering $10,000,000.00
An exceptionally rare opportunity to acquire a premier three-property development assembly in the highly coveted Sunset Park neighborhood of Santa Monica. Spanning three contiguous parcels along the bustling Pico Boulevard corridor, this portfolio is the ultimate package for a developer or visionary investor seeking a substantial footprint in one of Westside Los Angeles's most dynamic and high-demand markets.
3018 PICO Blvd: A versatile fully tenant commercial storefront/retail building to be sold together with A fully tenanted 6-unit residential multifamily property at 3024 PICO Blvd and a fully tenanted commercial building featuring active store and office spaces at 3026 PICO Blvd.
These three contiguous lots with 150 feet frontage and 17550 Sq/ft in Santa Monica Neighborhood Commercial (NC) zoning provides immediate, diversified cash flow while planning for future development and offer massive flexibility for a mixed-use commercial and residential project situated in a "Biker's Paradise" with a high Walk Score, the site offers seamless access to Santa Monica's premium local businesses, transit, beaches, and top-tier schools. Properties like this rarely come to market as a unified package. Whether you are looking to capitalize on existing, stabilized cash flow from reliable retail, office, and residential tenants or are ready to execute a large-scale development in a premium zip code, this Pico Boulevard assembly delivers unparalleled potential.
An exceptionally rare opportunity to acquire a premier three-property development assembly in the highly coveted Sunset Park neighborhood of Santa Monica. Spanning three contiguous parcels along the bustling Pico Boulevard corridor, this portfolio is the ultimate package for a developer or visionary investor seeking a substantial footprint in one of Westside Los Angeles's most dynamic and high-demand markets.
3018 PICO Blvd: A versatile fully tenant commercial storefront/retail building to be sold together with A fully tenanted 6-unit residential multifamily property at 3024 PICO Blvd and a fully tenanted commercial building featuring active store and office spaces at 3026 PICO Blvd.
These three contiguous lots with 150 feet frontage and 17550 Sq/ft in Santa Monica Neighborhood Commercial (NC) zoning provides immediate, diversified cash flow while planning for future development and offer massive flexibility for a mixed-use commercial and residential project situated in a "Biker's Paradise" with a high Walk Score, the site offers seamless access to Santa Monica's premium local businesses, transit, beaches, and top-tier schools. Properties like this rarely come to market as a unified package. Whether you are looking to capitalize on existing, stabilized cash flow from reliable retail, office, and residential tenants or are ready to execute a large-scale development in a premium zip code, this Pico Boulevard assembly delivers unparalleled potential.
Location
State CA
County Los Angeles
Interior
Heating Ductless
Laundry None
Building
Lot Description Value In Land, Near Public Transit, No Landscaping
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900