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$26,750,000
537 San Vicente Blvd, Santa Monica, CA 90402
47 Beds
47 Baths
40,412 SqFt

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537 San Vicente Blvd. is an incredibly rare multifamily asset 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 wraparound 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.
  • Price:
  • $26,750,000
  • Bedrooms:
  • 47
  • Square Footage:
  • 40,412
  • Acreage:
  • 0.51
  • Year Built:
  • 1957
  • Listing ID #:
  • 22-167252
  • Street Address:
  • 537 San Vicente Blvd
  • City:
  • Santa Monica
  • State:
  • California
  • Postal Code:
  • 90402
  • County:
  • Los Angeles
  • Community:
  • Santa Monica
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
  • Number Of Units:
  • 33
  • Stories:
  • 3
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 40412
  • Year Built:
  • 1957
  • Gross Income:
  • 1122552
  • Net Operating Income:
  • 565137.00
  • Conforms To Zoning:
  • Smr2*
  • Lot Square Footage:
  • 22151
  • Days On Market:
  • 104
  • Property Disclosures:
  • As Is
  • Price Per Square Foot:
  • 661.93
  • Parking Description:
  • Subterr Side By Side
  • Parking Spaces:
  • 33
  • Cooling System:
  • Window Unit(s)
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By of
  • CACLAW

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