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Introducing a rare and unique mixed-use investment opportunity in Santa Monica. 2709 Santa Monica features two front units, and one middle bakery all currently leased on a month-to-month basis, providing a buyer with immediate flexibility to re-tenant, reposition, or adjust rents toward market levels while recapturing the operating expenses via a NNN lease structure. The commercial component benefits from prominent frontage along a high-traffic Santa Monica Boulevard corridor, surrounded by established businesses and dense residential neighborhoods. The rear of the property consists of three residential units, all currently vacant and market-ready, offering immediate income upside. The unit mix includes: One (1) Studio + 1 Bathroom, One (1) One-Bedroom + 1 Bathroom, One (1) Two-Bedroom + 1 Bathroom (unit includes in-unit laundry). The residential units have been updated and refreshed, featuring a combination of LED lighting, new windows and blinds, upgraded flooring, new countertops, and additional improvements. In addition to the existing improvements, the property includes plans for a proposed three-story building development, presenting a compelling long-term redevelopment or expansion opportunity. A buyer may elect to operate the property in its current configuration while evaluating the development plans and applicable zoning regulations. Strategically positioned along one of Santa Monica's primary east-west thoroughfares and adjacent to West Los Angeles, the property enjoys close proximity to a wide array of restaurants, coffee shops, grocery markets, bars, retail shopping, and daily conveniences, while remaining just a short drive to the beach, nightlife, and major employment hubs. *[Units 1-3 are Residential. Units 4-6 are Commercial]
Property Type(s):
Residential Income
| Last Updated | 2/12/2026 | Year Built | 1946 |
|---|---|---|---|
| Community | C14 - Santa Monica | Garage Spaces | 2.0 |
| County | Los Angeles |
Additional Details
| AREA | C14 - Santa Monica |
|---|---|
| GARAGE | Attached Garage, Yes |
| HEAT | Wall Furnace |
| LOT | 7523 sq ft |
| LOT DIMENSIONS | 7522 |
| PARKING | Attached, Driveway, Garage, Tandem |
| POOL DESCRIPTION | None |
| STORIES | One, Two |
| VIEW DESCRIPTION | None |
Location
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Listed with Berkshire Hathaway HomeServices California Properties
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