Santa Monica to Build 122 Affordable Apartments for $1 Million Each

The multi-story apartment building will offer 2- and 3-bedroom units with shops and parking on the ground floor.

A homeless individual sleeps on the beach with the famed Ferris wheel at the Pacific Park in the background in Santa Monica, Calif., on Dec. 8, 2023. John Fredricks/The Epoch Times

Santa Monica, a Southern California coastal city, is moving ahead with plans to build 122 affordable apartments for low-income and homeless people at a cost of more than $1 million for each unit.

Officials approved a design concept for the project at a city-owned site on 4th Street, a former parking structure.