Huge price reduction!!!! We are pleased to offer for sale an

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Home For Sale

537 San Vicente Blvd

Santa Monica, California 90402

Los Angeles County

Community: 

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$21,995,000 47 br, 0.0 bath 40412 sq. ft. 0.509 acres

Huge price reduction!!!! 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.

Interior:
  • Bedrooms: 47
  • Baths: 0.0
  • Sq Ft: 40412
  • Year Built: 1957
  • Utilities: 
  • Fireplaces: 
  • Stories: 3
  • Heat/AC: 
  • Garage: Assigned
Exterior:
  • Lot Size: 0.509 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: 
  • MLS #: 24-419953
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Contact Information:
Beach Home For Sale in Santa Monica, California
Listing Agent: Jonathan Taksa, RE/MAX Commercial & Investment, 213-817-1000, 213-817-1000 Listing Site, Listing Status: Active
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5201700
Viewed 57 times.
Updated: Dec 05, 2024

This property is a Home located at 537 San Vicente Blvd, Santa Monica, California 90402, and is currently For Sale at $21,995,000. This Home has 47 bedrooms, 0.0 baths, 40412 sq ft.