The median home value in Santa Monica, CA is $1,800,000.
This is
higher than
the county median home value of $790,000.
The national median home value is $308,980.
The average price of homes sold in Santa Monica, CA is $1,800,000.
Approximately 27% of Santa Monica homes are owned,
compared to 65% rented, while
8% are vacant.
Santa Monica real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Santa Monica real estate agent to arrange a tour today! Learn more about Santa Monica.
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 thecountry with many world-renowned companies calling the neighborhood home. 1637-1651 StanfordStreet is located blocks away from some of the nations most prestigious companies which includeAmazon Studios, Oracle, Red Bull, GoodRX, CBS Television and Lionsgate.1637-1651 Stanford Street consists of four contiguous parcels on a totalof 23,134 SF of land. The sites are all located within the Conservation Creative Sector of the BergamotPlan. 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 Bill1287, a developer can increase the density by 100% by allocating 15% of the units to very low income, and15% of the units to moderate income.
Builders/Developer's delight, vacant Lot with planning approval to build a five (5) units contemporary condo building(one affordable), right across the street from Santa Monica College (SMC). Conveniently located in between SMC and Metro Expo Line Rail Station on Colorado Ave which leads to USC and Downtown LA. All units are designed with 2 bedrooms and 2.5 Bathrooms, in addition to the private Balcony and roof top deck for an outdoor living space. Just minutes to the beach, 3rd street Promenade, Santa Monica Pier where fine dining and shopping awaits. Easy Access to freeway and public transportation. While 1949 17th can be delivered as-is with approved plans, the seller is also open to selling the project with permits ready to issue. Please contact listing agents for more details.
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Based on information from CRISNet MLS as of 4/27/2024. 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. Properties may or may not be listed by the office/agent presenting the information.
