Units
33
Building Size
40,412 sf
Lot Size
22,157 sf
Status
Active
Listing Agent: Jonathan Taksa, Remax Commercial and Investment Realty
Santa Monica
537 San Vicente Boulevard
About This Property
PRICED TO SELL. ADDITIONAL $500,000 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 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.
Unit Mix
- 1 unit · 2bd / 2ba
- 1 unit · 1bd / 1ba
Neighborhood
This property is located in Santa Monica. Want to learn more about the area?
Explore CommunitiesAsking Price
$15,395,000
An agent at The Ave. will respond, not the listing agent.
Listing Agent
Jonathan Taksa
Remax Commercial and Investment Realty
