537 San Vicente Boulevard, Santa Monica CA, 90402

Active

537 San Vicente Boulevard

Santa Monica CA, 90402

$23,295,000

$576.44 per sqft

Active

47 Beds

47 Baths

40,412 sqft

Residential

Built in 1957

Listed by Jonathan Taksa with Remax Commercial and Investment Realty 424-672-8220

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.

24419953

MLSⓇ ID

July 25, 2024

Listed

August 30, 2024

Updated

Map

537 San Vicente Boulevard
Santa Monica CA, 90402

Interior Features

Total Stories: 1
Bedrooms: 47
Total Bathrooms: 47
Fireplace: No
Cooling: Yes
Cooling Description: Wall/Window Unit(s)
Heating: Yes
Heating Description: Wall Furnace

Exterior/Building Features

Lot Size: 0.51 Acres

Other Property Details

Area Name: C14 - Santa Monica
Days on Market: 13
Garage: No
Parking: Assigned, Underground
Parking Total: 33
View: No
County: Los Angeles
Pool: No
Zoning: SMR2*

Listing Contact: 213-817-1000

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 8/30/2024 at 7:10 PM UTC