537 SAN VICENTE BLVD, Santa Monica, Los Angeles County, CA, 90402 Los Angeles CA US

USD 26,750,000
For Sale MLS: 22-167252

Property Details

Bedrooms

4

Bathrooms

5

Neighborhood

North of Montana

Property Type

MultiFamily

Description

537 San Vicente Blvd. is an incredibly rare multifamily asset 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. Find out more about this property. Request details here

Location

Address

537 San Vicente Boulevard, Santa Monica, California 90402, United States

City

Santa Monica

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