537 San Vicente Boulevard, Santa Monica, CA 90402
- $23,295,000
- $576
- $23,295,000
- $576
Description
We are pleased to offer for sale an incredibly rare multifamily asset at 537 San Vicente Blvd. in the heart of LA’s famed beach city of Santa Monica. Originally built in 1957, the building boasts an ideal unit mix consisting of all large 1 & 2 bedroom units. All of these units are extremely spacious, have a terrific floor plan, and offer an abundance of natural light. There is significant rental upside, and on-site parking for 33 cars (and a wrap around driveway for additional parking), an on-site laundry facility and beautiful sparkling pool. The unit mix includes (19) 1-bed, 1-bath units, and (14) 2-bed, 2-bath units. This is a fantastic trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. A quick walk to Montana Avenue and the beach, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.
Address
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Address: 537 San Vicente Boulevard
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City: Santa Monica
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State/county: CA
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Zip/Postal Code: 90402
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Area: C14 - Santa Monica
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Country: United States
Details
Updated on September 9, 2024 at 5:09 pm-
Property ID SGR-33692742
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Price $23,295,000
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Property Size 40412.00 m²
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Land Area 22157.00 m²
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Bedrooms 47
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Bathrooms 47
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Year Built 1957
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Property Type Residential Income
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Property Status For Sale
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Living Area 40412.00
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MLS# 24419953
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Office Name REMAX COMMERCIAL AND INVESTMENT REALTY
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Agent Name Jonathan Taksa
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MLS Status Active
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Living Area Prefix Sqft
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Agent State License 01366169
Additional details
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Cooling Wall/Window Unit(s)
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Heating Wall Furnace
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County Los Angeles
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Parking 33.00
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