Santa Monica (C14) Homes with Multi Family Subtype

Welcome to Santa Monica, a vibrant coastal gem nestled in the heart of Los Angeles County, California. Known for its stunning beaches, iconic pier, and a lively atmosphere, Santa Monica offers a unique blend of urban sophistication and laid-back beach culture. With a mild Mediterranean climate, residents enjoy year-round sunshine, making it an ideal location for outdoor enthusiasts and city dwellers alike.

In the realm of real estate, Santa Monica stands out with its diverse housing options, particularly in the multi-family sector. Homes with a multi-family subtype provide an exceptional opportunity for those looking to invest in a property that can generate income while enjoying the benefits of living in this sought-after area. These homes often feature spacious layouts, modern amenities, and proximity to local attractions, including shopping districts, renowned dining spots, and beautiful parks.

Living in a multi-family home in Santa Monica means you can embrace the community spirit while having the flexibility of rental income. Imagine waking up to the sound of waves and the scent of the ocean, all while being just moments away from the bustling Third Street Promenade and the scenic Santa Monica Beach. Whether you’re a seasoned investor or a first-time homebuyer, the multi-family real estate options in Santa Monica offer not just a place to live, but a lifestyle filled with endless possibilities.

Explore the charm of Santa Monica and discover how a multi-family home can be your gateway to a vibrant community and a smart investment in one of California’s most desirable locations.

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.