1637 Stanford
Santa Monica, CA 90404
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- – on site
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 the country with many world-renowned companies calling the neighborhood home. 1637-1651 Stanford Street is located blocks away from some of the nation’s most prestigious companies which include Amazon Studios, Oracle, Red Bull, GoodRX, CBS Television and Lionsgate. 1637-1651 Stanford Street consists of four contiguous parcels on a total of 23,134 SF of land. The sites are all located within the Conservation Creative Sector of the Bergamot Plan. 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 Bill 1287, a developer can increase the density by 100% by allocating 15% of the units to very low income, and 15% of the units to moderate income.
Last checked:
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Last updated Oct 10, 2024
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MLS# SB24031693 —
This property is listed in more than one place. See it here.
The Building
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New Construction:No
Location
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Directions:Cross Streets are Stanford and Colorado
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Latitude:34.03331500
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Longitude:-118.46591200
The Property
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Property Type:Land
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Zoning:SMLMSD*
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Zoning Description:Conservation: Creative Sector
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Lot Features:Lot 20000-39999 Sqft
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Lot Size Area:23134.0000
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Lot Size Acres:0.5311
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Lot Size SqFt:23134.00
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Lot Size Source:Public Records
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View:None
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Additional Parcels:No
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Additional Parcels Description:4268004023, 4268004022, 4268004021
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4268004024
Utilities
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Water Source:Public
The Community
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Senior Community:No
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Features:Urban
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Association:No
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Distance To Water Comments:.5
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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9/25/24
Sep 25, 2024
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Price Changed | CRMLS_CA | $7,950,000 | -3.6% |
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8/5/24
Aug 5, 2024
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Price Changed | CRMLS_CA | $8,250,000 | -8.3% |
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5/17/24
May 17, 2024
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Price Changed | CRMLS_CA | $8,999,999 | -10.0% |
