1637-1651 Stanford Street, Santa Monica, CA 90404

Located in a highly desirable pocket of Santa Monica, 1637–1651 Stanford Street presents a rare large-scale development opportunity in one of Los Angeles’ most supply-constrained coastal markets. The ±23,134 square foot site is positioned within the SMLMSD (Conservation: Creative Sector) zoning designation, offering flexibility for a range of residential development strategies.

The property is currently being advanced with preliminary plans for a 71-unit, 100% affordable housing project, catering to the strong and growing demand for workforce and subsidized housing in the region. This positioning aligns with local housing initiatives and may benefit from streamlined approvals and potential incentives

For developers seeking a market-rate alternative, the site also offers compelling upside. With a Floor Area Ratio (FAR) of 2.5 and a height limit of 55 feet, the property supports a dense multifamily configuration in a premier coastal location. The combination of scale, zoning flexibility, and strong underlying market fundamentals makes this an attractive opportunity to capitalize on Santa Monica's high barriers to entry and sustained housing demand.

Surrounded by a mix of creative office, residential, and retail uses, the property benefits from proximity to major employment hubs, transit corridors, and lifestyle amenities, further enhancing its long-term development potential.