Mixed-Use
2701 Pennsylvania Ave
2701 Pennsylvania Ave, Santa Monica, CA 90404
Listing Price: Request For Offer
Investment Overview
CALL FOR OFFERS | OFFERS DUE MAY 10TH
2701 Pennsylvania Ave is a rare development site in the City of Santa Monica’s Bergamot Area Plan Transit Village. The site is surrounded by numerous Class A office projects that house some of the world’s preeminent companies as well as unmatched amenities, making this one of the most desired development markets in the world. With the 26th St/Bergamot light rail Metro line approximately a quarter mile away, the property benefits from California Assembly Bill 2097, which significantly modifies parking requirements for housing developments. This, coupled with the added benefits included for housing developments in in the bergamot Area Plan, makes this an ideal mixed-use development site in one of the world’s top residential markets.
2701 Pennsylvania Ave
Investment Highlights
- Rare development opportunity in Santa Monica's Bergamot Area Plan Transit Village
- Ideal mixed-use development opportunity in a premier residential market
- Site is surrounded by numerous Class A office projects that house some of the world's preeminent companies
- Proximity to the Metro Expo line may mean modified parking requirements for a residential development at this site
- Located in world-renowned Santa Monica with easy access to top attractions and employers, and proximity to freeways and the Metro Expo Line connect the property to Greater Los Angeles
- Offers due May 10th, 2024 by 5pm
Investment Highlights
- Rare development opportunity in Santa Monica's Bergamot Area Plan Transit Village
- Ideal mixed-use development opportunity in a premier residential market
- Site is surrounded by numerous Class A office projects that house some of the world's preeminent companies
- Proximity to the Metro Expo line may mean modified parking requirements for a residential development at this site
- Located in world-renowned Santa Monica with easy access to top attractions and employers, and proximity to freeways and the Metro Expo Line connect the property to Greater Los Angeles
- Offers due May 10th, 2024 by 5pm
Investment Overview
CALL FOR OFFERS | OFFERS DUE MAY 10TH 2701 Pennsylvania Ave is a rare development site in the City of Santa Monica’s Bergamot Area Plan Transit Village. The site is surrounded by numerous Class A office projects that house some of the world’s preeminent companies as well as unmatched amenities, making this one of the most desired development markets in the world. With the 26th St/Bergamot light rail Metro line approximately a quarter mile away, the property benefits from California Assembly Bill 2097, which significantly modifies parking requirements for housing developments. This, coupled with the added benefits included for housing developments in in the bergamot Area Plan, makes this an ideal mixed-use development site in one of the world’s top residential markets.
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