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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.
Property Type(s):
Single Family
| Last Updated | 11/2/2026 | Year Built | 1955 |
|---|---|---|---|
| Community | C14 - Santa Monica | Garage Spaces | 2.0 |
| County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | C14 - Santa Monica |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Central |
| LOT | 6490 sq ft |
| LOT DESCRIPTION | Rectangular Lot |
| LOT DIMENSIONS | 6491 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| UTILITIES | Electricity Available, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
Location
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Listed with PAK HOME REALTY
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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