About 537 San Vicente Boulevard
INCREDIBLE NEW PRICING - 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.
Features of 537 San Vicente Boulevard
MLS® # | 24419953 |
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Price | $17,500,000 |
Bathrooms | 0.00 |
Square Footage | 40,412 |
Acres | 0.51 |
Year Built | 1957 |
Type | Residential Income |
Status | Active |
Community Information
Address | 537 San Vicente Boulevard |
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Area | C14 - Santa Monica |
City | Santa Monica |
County | Los Angeles |
State | CA |
Zip Code | 90402 |
Listing Map
Amenities
Parking Spaces | 33 |
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Parking | Assigned, Underground |
Garages | Assigned, Underground |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Wall Furnace |
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Cooling | Wall/Window Unit(s) |
Has Basement | No |
Fireplace | No |
# of Stories | 3 |
Stories | One |
Additional Information
Date Listed | July 25th, 2024 |
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Days on Market | 369 |
Zoning | SMR2* |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Jonathan Taksa |
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Office | Remax Commercial and Investment Realty |