537 San Vicente Blvd

Santa Monica, CA 90402

HUGE PRICE REDUCTION!

Sales Price $23,395,000

Beds

47

Baths

47

Home Size

40412 Sq. Ft.

Lot Size

22151 Sq. Ft.

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HUGE PRICE REDUCTION!

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.

This home located at 537 San Vicente Blvd is currently active and has been available on pardeeproperties.com for 245 days. This property is listed at $23,395,000. It has 47 beds and 47 bathrooms. The property was built in 1957. 537 San Vicente Blvd is in the Santa Monica community of Los Angeles County.

Highlights

  • 245 days on market
  • Built in 1957
  • Total parking spaces 33Car
  • Assigned
  • Community | Santa Monica
  • MLS# | 23-263605

Features

  • Other Cooling
  • Wall Heat
  • Community Pool
Connect with an agent
(13)

Melissa Misner

Partner | DRE #01865846

Listed By Jonathan Taksa · Remax Commercial and Investment Realty

Explore Santa Monica, CA

A city of its own, Santa Monica is a resort town located on the Pacific Ocean that boasts some of Los Angeles’ finest cuisine and nightlife.

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