Homes for sale - 537 San Vicente BLVD, Santa Monica, CA 90402

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Sally Baik

sally@sallybaikrealestate.com +1(818) 572-3417

$ 21,995,000

Est. payment | -/mo

47 Beds

47 Baths

40,412 SqFt

Save

$ 21,995,000

Est. payment | -/mo

Save

47 Beds

47 Baths

40,412 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 40,412 sqft

Price per Sqft $544

MLS Listing ID 24419953

Bedrooms 47

HOA Y/N No

Year Built 1957

Lot Size 0.509 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Assigned, Underground

Total Parking Spaces 33

Building

Story 3

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4293001018

Special Listing Condition Standard

Listed by Jonathan Taksa • Remax Commercial and Investment Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(818) 572-3417

sally@sallybaikrealestate.com

232 W Olive Ave #20, la Habra, California, 90631, USA

537 San Vicente BLVD Santa Monica, CA 90402