$23,295,000
Active
47 Days Online
47 Beds47 Baths40,412 SQFT
Active

537 San Vicente Boulevard Santa Monica, CA 90402

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site47 Days
  • MLS StatusActive
  • MLS ID Number24419953
  • Home Size Source N/A
  • Year Built1957
  • Lot Size0.5087 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking AssignedSubterranean
  • Parking Spaces 33
  • Number of Stories 13
  • Acreage 0.5087
  • Zoning SMR2*
  • Listing Conditions Standard

Interior Features

  • Cooling Wall/ Window Unit(s)
  • Heating Wall Furnace

Community Features

  • Senior Community No
  • MLS Area C14 - Santa Monica

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Monthly Payment (Est.)

$113,174
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