Colliers Western Region

June 12, 2025

Santa Monica Housing Plan (2021-2029)

Santa Monica is no longer the entitlement dead zone it once was. Backed by aggressive state housing mandates, the city has rezoned key corridors, opened up density, and created real paths to multifamily scale. This report breaks down where the growth is going, how zoning has shifted, and what it means for developers, builders, and investors looking to get ahead of the next wave of housing in one of California’s most supply-constrained coastal markets.

About the Author(s)

Sean Fulp | Vice Chair, Los Angeles
Mark Schuessler | Executive Vice President, Los Angeles
Todd Tydlaska | Executive Vice President, Los Angeles
Jordan Garcia | Associate Vice President, Los Angeles
Blake Hammerstein | Associate Vice President, Los Angeles
Eric Longo | Financial Analyst, Los Angeles