537 San Vicente Boulevard, Santa Monica, CA 90402
-
Listed Price :
$21,995,000
-
Beds :
47
-
Baths :
47
-
Property Size :
40,412 sqft
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Year Built :
1957
Property Description
Huge price reduction!!!! 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.
Interior Features
| Bedroom Information |
| Bedrooms |
47 |
| Bathroom Information |
| Bathrooms |
47 |
| Interior Information |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
537 San Vicente Boulevard |
| City |
Santa Monica |
| State |
CA |
| Zip |
90402 |
| County |
Los Angeles |
| Listing Agent |
Jonathan Taksa DRE #01366169 |
| Courtesy Of |
Remax Commercial and Investment Realty |
| List Price |
$21,995,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
40,412 |
| Lot Size |
22,157 |
| Year Built |
1957 |
Listing information courtesy of: Jonathan Taksa, Remax Commercial and Investment Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 4th, 2024 at 10:56 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
