537 San Vicente Boulevard, Santa Monica, CA 90402

  • $18,950,000
  • $21,995,000
537 San Vicente Boulevard, Santa Monica, CA 90402
Active
537 San Vicente Boulevard, Santa Monica, CA 90402
537 San Vicente Boulevard, Santa Monica, CA 90402
  • $18,950,000
  • $21,995,000

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.

  • Address 537 San Vicente Boulevard
  • City Santa Monica
  • State/county CA
  • Zip/Postal Code 90402
  • Country US

Details

Updated on February 4, 2025 at 10:27 pm
  • Property ID: 24419953
  • Price: $18,950,000
  • Property Size: 40412
  • Land Area: 0.5087 Acres
  • Bedrooms: 47
  • Bathrooms: 47
  • Garage Size: x x
  • Year Built: 1957
  • Property Type: Residential Income
  • Property Status: Active

Contact Information

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  • Hoyt Hochman