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$14,195,000
326 San Vicente Blvd, Santa Monica, CA 90402
34 Beds
35 Baths
23,098 SqFt

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326 San Vicente Blvd. is a prestigious investment opportunity located in the heart of LA's famed beach city of Santa Monica. Originally built in 1956, the building boasts an incredibly rare unit mix consisting of all extremely large 2-bedroom 2 bath units. Each of these units are extremely spacious and have a terrific floor plan. The property is situated on a massive half acre corner lot; thus, all units offer an abundance of natural light. There is HUGE rental upside, as current rents hover around $1.77/SF. Additionally, there is parking for all units as well as an on-site laundry facility. All units look out to a serene and beautifully landscaped courtyard, and residents enjoy being walking distance to Montana Avenue and the beach. This is a fantastic trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor.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:
  • $14,195,000
  • Bedrooms:
  • 34
  • Square Footage:
  • 23,098
  • Acreage:
  • 0.57
  • Year Built:
  • 1956
  • Listing ID #:
  • 22-167275
  • Street Address:
  • 326 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:
  • 17
  • Stories:
  • 2
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 23098
  • Year Built:
  • 1956
  • Gross Income:
  • 501396
  • Net Operating Income:
  • 180801.00
  • Conforms To Zoning:
  • Smr2*
  • Lot Square Footage:
  • 24975
  • Days On Market:
  • 167
  • Property Disclosures:
  • As Is
  • Price Per Square Foot:
  • 614.56
  • Parking Spaces:
  • 17
  • Cooling System:
  • Wall Unit(s)
  • Heating:
  • Wall
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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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