1637 Stanford St Santa Monica La


Property

Website:https://www.nestseekers.com/5438577
Address:
1637 Stanford St
SANTA MONICA, CA 90404
Ownership: For Sale
Area: 23134 sq ft
Lot Size: 0.5 Acres

Financials

Price:$6,000,000

Description

1637- 1651 Stanford Street presents a rare opportunity to acquire a +/- 23,134 square foot development site in one of Santa Monica's most supply-constrained and highly desirable locations. Comprised of four parcels and zoned SMLMSD (Santa Monica Light Manufacturing & Studio District), the property offers significant flexibility for residential, creative office, or mixed-use development. Preliminary plans have been explored for a 71-unit 100% affordable housing development, highlighting the site's ability to support meaningful density under current planning frameworks. With the continued evolution of California housing legislation, there is potential to further enhance density through programs such as the State Density Bonus Law, creating an attractive opportunity for developers seeking to maximize yield in a high-barrier-to-entry market. Located just minutes from the Water Garden, Bergamot Station, and major employers such as Oracle, Amazon Studios, and Red Bull, the site sits at the epicenter of Santa Monica's thriving creative and tech corridor. This prime positioning provides strong demand drivers for both residential and mixed-use projects.

Contact

271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Keller Williams Studio City

1637 Stanford St SANTA MONICA CA 90404 USA