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Pico

Pico

Neighborhood in Santa Monica, California

Los Angeles County 90401, 90404

$1,434,140 Average Value
$931 Average Price per Sq Ft
26 Homes For Sale

Medium-density neighborhood with character

Directly east of downtown Santa Monica and blocks from the city's world-famous pier and promenade, Pico is a medium-density neighborhood with character. "This area is great for commuting to West Los Angeles," says Dario Svidler, Partner CRE's executive vice president with almost $1 billion in career sales. "Pico Boulevard has a bunch of old-school businesses and a lot of restaurants, and that's a draw to buyers." Pico sits adjacent to Santa Monica College, which makes its inventory of multifamily units attractive to students renting in the area. However, it's a commuter college, so the neighborhood doesn't necessarily have a college vibe.

Rollercoasters and all the fun is located near Pico in Santa Monica.
Rollercoasters and all the fun is located near Pico in Santa Monica.
Pico locals and visitors rate Gilbert's El Indio Mexican Restaurant as a great spot for food.
Pico locals and visitors rate Gilbert's El Indio Mexican Restaurant as a great spot for food.
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Diversity of housing

Pico has a mix of single-family homes, condos and townhouses, and multifamily units. The single-family housing inventory consists mainly of classic California bungalows — cozy homes with between 900 and 1,700 square feet. “The homes here are smaller, so they’re a little bit more affordable to get into,” Svidler says. “North of the 10 will be more expensive than south of the 10.” The neighborhood’s streets are quiet and spacious, lined by sidewalks under a thick canopy of shade trees. “This is higher density housing than Sunset Park, but not too high density. You’re talking duplexes and quadplexes up to 10 or 20 units.” Single-family homes in Pico are priced between $1.2 million and $2.5 million. Depending on proximity to the coast, condos and townhomes list between $600,000 and $1.6 million. Multifamily units are priced between $1.3 million and $5 million.

Large multi-story houses are an architectural beauty in parts of the Pico neighborhood.
Large multi-story houses are an architectural beauty in parts of the Pico neighborhood.
Rows of small homes provide more affordable options in Pico, a Santa Monica neighborhood.
Rows of small homes provide more affordable options in Pico, a Santa Monica neighborhood.
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Shopping and Dining on Pico Boulevard

Shopping and dining in Pico occur along Pico Boulevard, a dense commercial stretch that runs the length of the neighborhood. There is a Whole Foods Market at the intersection of Cloverfield Boulevard for stocking up on groceries and essentials. Some of the businesses cater to students at Santa Monica College, which is just across Pico Boulevard. Lo/Cal Coffee & Market is a high-end coffee house popular with the student set. It’s the kind of place where baristas get to know the customers, who swear by the sandwiches and empanadas. Lunetta All Day is a New American restaurant that attracts a more sophisticated crowd. Brunch is big at this relaxed, upmarket venue, which has a wide range of seating options, including an outdoor patio lined with greenery that looks like a cafe in a quaint Parisian alleyway. The atmosphere changes at Lunetta At Night.

There is a Whole Foods on Pico Blvd for stocking up on groceries.
There is a Whole Foods on Pico Blvd for stocking up on groceries.
Lo/Cal Coffee & Market is a high-end coffee house popular with students in Pico.
Lo/Cal Coffee & Market is a high-end coffee house popular with students in Pico.
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Events at the Bergamot Station Arts Center

The neighborhood is home to Bergamot Station Arts Center, the largest art gallery and cultural complex on the West Coast since 1994. Once a railroad station from 1875 to 1953, the city of Santa Monica eventually asked gallery owner Wayne Blank to reimagine the space. He created a venue that has become a community cornerstone, making art more accessible to visitors. On a given night, there are art exhibits, live comedy or music, poetry readings and performance art — in addition to the many educational programs offered. The venue’s on-site restaurant is Le Great Outdoor, which serves a farm-fresh, grill-centered menu.

Sign up for a comedy class or a shot at The Crow in Pico, Santa Monica.
Sign up for a comedy class or a shot at The Crow in Pico, Santa Monica.
Pico is home to Bergamot Station, a huge art complex with about 20 galleries and exhibitions.
Pico is home to Bergamot Station, a huge art complex with about 20 galleries and exhibitions.
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Schools have big appeal to buyers

Santa Monica-Malibu Unified is one of the best school districts in greater Los Angeles, with an A-plus grade from Niche. The school district and teachers are in the top 5% of all California schools, according to Niche. "The schools have a big appeal to buyers in this area," says Compass agent Nitzan Lumer, a third-generation Angeleno who lived in neighboring Ocean Park for a decade. Graded A by Niche, Edison Language Academy is a dual immersion school in Spanish that works towards fluency starting in preschool, which continues in the district through high school. John Adams Middle School is another A school. Santa Monica High School is graded A-plus by Niche, which ranks it in the state's top 5% of public high schools.

John Adams Middle is graded A by Niche.
John Adams Middle is graded A by Niche.
The Edison Elementary School in Pico entrance showcases architectural designs.
The Edison Elementary School in Pico entrance showcases architectural designs.
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Just 2 miles from the beach

One of the big draws to Pico is convenient beach access. The community is a breezy 2 miles from Santa Monica State Beach and the city’s iconic pier and promenade. Much like the rest of Santa Monica, Pico is dotted with public parks and cultivated green space. Ishihara Park is dog-friendly, with exercise equipment and covered patio seating with grills and benches. There is plenty of grassy open space at Virginia Avenue Park, which is situated on 10 acres along Pico Boulevard. The park has a community center and a seasonal splash pad. Kids can keep busy at the two playgrounds or shooting hoops at the basketball courts. There is a farmers market at the park on Saturday mornings.

The beach life is available all year in sunny Pico in Santa Monica.
The beach life is available all year in sunny Pico in Santa Monica.
Pico is a convenient neighborhood in Santa Monica, close to the beach and the ferris wheel.
Pico is a convenient neighborhood in Santa Monica, close to the beach and the ferris wheel.
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Direct highway access and some noise

Pico is bisected by Interstate 10, which provides direct access to downtown Los Angeles about 15 miles east. The highway sits at a lower elevation than much of the neighborhood and is walled off along residential areas to minimize traffic noise — but it still exists. The Santa Monica Pier is about 2 miles away via Pico Boulevard, one of the area’s main thoroughfares that is lined by bus stops. "Pico Boulevard is a fast street that I would not consider particularly walkable," Svidler says. The Santa Monica Airport is nearby but only serves a handful of private planes, so noise isn’t an issue. Residents must drive the 10 miles south to Los Angeles International Airport, which can take about an hour, depending on traffic. UCLA Santa Monica Medical Center is about a mile away via 17th Street.

Pico is bisected by Interstate 10, providing direct access to downtown LA, about 15 miles east.
Pico is bisected by Interstate 10, providing direct access to downtown LA, about 15 miles east.
Pico's public transportation includes Blue Bus, a popular local bus lines.
Pico's public transportation includes Blue Bus, a popular local bus lines.
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Amber Steinmetz-Cole
Written By
Amber Steinmetz-Cole
Kalina Mondzholovska
Photography Contributed By
Kalina Mondzholovska
Bob Yukich
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Bob Yukich

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Eric Hartnack, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Los Angeles International

16 min drive

Subway

26Th St/Bergamont

Subway

17 St/ Smc

Bus

Colorado Wb & 20th Fs

Bus

Olympic Wb & New Roads School Mb

Bus

20th Nb & Pico Fs

Bus

Pico Wb & 12th Ns

Bus

20th Nb & Olympic Ns

Bus

Pico Wb & 18th Ns

Bus

Pico Eb & 26th Fs

Crime and Safety

1 - Low Crime, 10 - High Crime Pico US
Homicide 4 4
Sexual Assault 4 4
Assault with Weapon 4 4
Robbery 5 4
Burglary 6 4
Motor Vehicle Theft 7 4
Larceny 6 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$1,497,500
Median Single Family Price
$1,700,000
Median Townhouse Price
$1,700,000
Median 2 Bedroom Price
$1,117,500
Median 1 Bedroom Price
$656,000
Average Price Per Sq Ft
$931
Number of Homes for Sale
26
Last 12 months Home Sales
92
Months of Supply
3.40
Median List Price
$1,524,500
Median Discount From 1st List Price
2%
Median Home Sale Price YoY Change
6%

Home Facts

Number of Homes in Neighborhood
1,254
Median Year Built
1958
Avg. Single Family Home Size Sq Ft
1,829
Below the national average
1,935
Average Townhouse Size Sq Ft
2,455
Average 2 Bedroom Size Sq Ft
1,234
Average 1 Bedroom Size Sq Ft
830
Median Lot Size Sq Ft
6,534

Open Houses

  • Saturday, Apr 26
    12pm - 4am

    1930 Stewart St Unit 75, Santa Monica, CA 90404

    $275,000

    • 1 Bed
    • 1 Bath
    • 420 Sq Ft
    • 1930 Stewart St
    • Unit 75
    • New 5 days ago

    Live just minutes away from the Santa Monica Pier and Pacific Coast Highway! This adorable unit features a spacious living rooom with full kitchen and dinning space. The Bedroom has separate entrance a patio space. Move in ready, don’t miss this opportunity!

    Monique Arreola Century 21 Allstars

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  • Saturday, Apr 26
    2 - 5pm

    1533 18th St Unit 5, Santa Monica, CA 90404

    $1,399,900

    • 2 Beds
    • 2.5 Baths
    • 1,570 Sq Ft
    • 1533 18th St
    • Unit 5
    • New 5 days ago

    Welcome to this beautifully appointed townhouse in one of Santa Monica's most coveted boutique buildingshome to just five exclusive residences. Rarely available and highly sought after, this modern gem offers a unique blend of privacy, sophistication, and prime location.Inside, soaring ceilings and sleek wood floors create an open, airy ambiance across the main living spaces. With 2 bedrooms and

    Gina Covello Equity Union

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  • Sunday, Apr 27
    2 - 4pm

    2121 Virginia Ave Unit 106, Santa Monica, CA 90404

    $1,695,000

    • 2 Beds
    • 2.5 Baths
    • 2,141 Sq Ft
    • 2121 Virginia Ave
    • Unit 106
    • New 10 days ago

    Soak in rooftop views, unwind in your private sauna, private 2 car garage and live just steps from parks, farmers markets, and the best of Santa Monica - this tri-level townhome has it all. This modern townhome perfectly balances style and functionality. The seamless flow between the open-concept kitchen, living room, and dining area makes it an ideal setting for entertaining. A cozy brick

    Zee Rojas Pardee Properties

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Eric Hartnack, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
14,524
Median Age
40
Population Density
16 ppl/acre
Population under 18
17.8%
Below the national average
23.8%
Population over 65
16.1%
On par with the national average
19.1%

Finances

Median Household Income
$71,373
On par with the national average
$71,702
Average Household Income
$112,313

Education and Workforce

High School Graduates
88.1%
College Graduates
52.6%
Above the national average
34.1%
Advanced Degrees
19.2%
Above the national average
13.3%
% Population in Labor Force
62.2%

Weather

Annual Precipitation
12''
Average Winter Low Temperature
49°F
Average Summer High Temperature
70°F
Annual Snowfall
0''

Area Factors

Very Bikeable

Bike Score®

82 / 100

Very Walkable

Walk Score®

76 / 100

Good Transit

Transit Score®

61 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Pico