Santa Monica (C14) Homes with Multi Family Subtype

Welcome to Santa Monica, a vibrant coastal gem nestled in Los Angeles County, California. Known for its stunning beaches, bustling pier, and a lively atmosphere, Santa Monica is more than just a picturesque destination; it’s a thriving community that offers an exceptional quality of life. With its Mediterranean climate, residents enjoy year-round sunshine, making outdoor activities a staple in daily life. From beach volleyball to scenic bike rides along the famous Santa Monica Boardwalk, there’s no shortage of ways to soak up the sun and enjoy the ocean breeze.

In this dynamic city, the real estate market is as diverse as its residents. For those seeking investment opportunities or a multi-generational living experience, homes with a multi-family subtype are an excellent choice. These properties not only provide the versatility of accommodating multiple families or tenants but also offer a unique chance to capitalize on Santa Monica’s high demand for rental spaces. Imagine owning a charming duplex just steps away from the beach, where you can enjoy the ocean views while generating income from your investment.

The multi-family homes in Santa Monica range from classic bungalows to contemporary builds, each with its own character and charm. Many of these properties are located in close proximity to trendy shops, gourmet restaurants, and cultural attractions, making them ideal for renters and homeowners alike. With a strong sense of community and a lifestyle that perfectly blends relaxation and excitement, Santa Monica is the perfect backdrop for your next real estate venture. Embrace the coastal charm and explore the possibilities of multi-family living in this enchanting city today!

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.