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Lot/land
  • Price cut: $2M (4/28)
    $6,000,000

    1637 Stanford St, Santa Monica, CA 90404

    --beds
    --baths
    0.53Acres
    Unimproved Land
    Built in ----
    0.53 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    85 days
    |
    70
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Hooman Emanuel DRE # 01200237 818-335-0923,

    Keller Williams Studio City 818-432-1500

    Source: CLAW,MLS#: 26814807MLS Logo

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: City
      Lot
      • Size: 0.53 Acres
      Details
      • Has additional parcels: Yes
      • Parcel number: 4268004024
      • Zoning: SMLMSD*
      • Special conditions: Standard

      Utilities & green energy

      • Electric: In Street
      • Utilities for property: Electricity Connected

      Community & HOA

      Location
      • Region: Santa Monica

      Financial & listing details

      • Tax assessed value: $2,361,300
      • Annual tax amount: $29,680
      • Date on market: 4/28/2026
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $5,718/mo

        Price history

        DateEventPrice
        4/28/2026Price change$6,000,000-24.5%
        Source: CLAW #26814807 Report a problem
        9/25/2024Price change$7,950,000-3.6%
        Source: CRMLS #SB24031693 Report a problem
        8/5/2024Price change$8,250,000-8.3%
        Source: CRMLS #SB24031693 Report a problem
        5/17/2024Price change$8,999,999-10%
        Source: CRMLS #SB24031693 Report a problem
        3/27/2024Price change$9,999,000-8.3%
        Source: CRMLS #SB24031693 Report a problem
        3/4/2024Price change$10,900,000-3.1%
        Source: CRMLS #SB24031693 Report a problem
        2/14/2024Listed for sale$11,250,000
        Source: CRMLS #SB24031693 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$29,680 +6.6%$2,361,300 +2%
        2024$27,849 +5.4%$2,315,000 +6%
        2023$26,424 +1.3%$2,184,840 +2%
        2022$26,097 +2.5%$2,142,000 +2%
        2021$25,458 +12.7%$2,100,000 +13.7%
        2020$22,588 $1,847,220 +117.8%
        2019$22,588 +119.5%$848,084 +2%
        2018$10,290 $831,456 +2%
        2017$10,290 +0.5%$815,154 +2%
        2016$10,236 +3.4%$799,172 +1.5%
        2015$9,895 $787,168 +20.5%
        2003-- $653,213 +2%
        2002-- $640,406 +4%
        2000-- $615,540
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Mid-City

        Getting around

        81 / 100
        Very Walkable
        64 / 100
        Good Transit
        91 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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