$18,950,000

537 San Vicente Blvd , Santa Monica, CA 90402

 
Bedrooms:47 beds
Bathrooms:0 baths
(None specified):40,412 sqft
Lot:0.51
Year Built:1957
Listing Status:Active

Listing Agent

Jonathan Taksa
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Description

JUST REDUCED AND NOW PRICED TO SELL. 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.

Detailed Items

Other Information

537 San Vicente Blvd, Santa Monica, CA, 90402 is a (none specified) listing of 40,412 sqft on a lot of 0.51. This (none specified) listing has 47 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property537 San Vicente Blvd, Santa Monica, CA
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