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 Californias 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 Monicas 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 Monicas 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 youre 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.

Listed by Brian Edwards of PAK HOME REALTY (626) 536-8942



This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS®.

Last checked 2026