RARE DEVELOPMENT OPPORTUNITY IN SANTA MONICA! An exceptional opportunity to acquire two adjacent residential properties totaling approximately 13,000 square feet of land in one of Southern California’s most desirable coastal communities. Located at 3101 and 3109 Virginia Avenue, these properties are being offered together, creating an exciting opportunity for developers, builders, investors, and buyers looking to capitalize on Santa Monica’s evolving housing landscape. DEVELOPMENT POTENTIAL! Both parcels are located within a designated SB 79 Tier 2 Transit-Oriented Development (TOD) Zone, approximately half a mile from qualifying transit. Preliminary mapping indicates the properties may be outside Santa Monica’s temporary SB 79 exclusion area, presenting an opportunity to explore higher-density residential development, subject to city verification and approval. With approximately 12,988 square feet of combined land, the possibilities are worth exploring! Potential development concepts may include multifamily residences, townhomes, condominium units, or other residential configurations permitted under applicable state and local regulations. For those looking to preserve the existing residences, the properties also offer the opportunity to own two homes in an established Santa Monica neighborhood near beaches, shopping, dining, parks, and entertainment. TWO PARCELS. ONE OWNER. EXCEPTIONAL POTENTIAL. Opportunities to acquire neighboring properties with this much combined land in Santa Monica are uncommon. Whether you’re a developer exploring your next residential project or an investor seeking long-term value, this is an opportunity worth a closer look. Buyer to independently verify all zoning, SB 79 eligibility, development standards, lot dimensions, permitted uses, density, and potential lot consolidation with the City of Santa Monica. No specific development entitlement or unit count is guaranteed.
Additional Features
- Central
- Rectangular Lot
- One
- Neighborhood
- Parking spaces: 2.00
- Listing Status: Active
- Listing Agent: Brian Edwards
(lic# 01924128)
of Citrus Valley
- Listing Office: PAK HOME REALTY
(lic# 02199906)
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Based on information from CRISNet MLS as of 5th November 2026 at 12:34pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
