537 San Vicente Boulevard, Santa Monica (90402)
$23,295,000
47 
47
40,412
PROPERTY DETAILS
| Address: |
view address Santa Monica, CA 90402 Map Location |
Features: | Multi-level |
|---|---|---|---|
| Bedrooms: | 47 | Bathrooms: | 47 |
| Square Feet: | 40,412 sq.ft. | Lot Size: | 22157.0 |
| Year Built: | 1957 | Property Type: | Multi Family |
| County: | Los Angeles | Zoning: | SMR2* |
| List Date: | 2024-07-25 | Listing Number: | 24419953 |
| Listed By: | Remax Commercial and Investment Realty | Days on market: | 43 |
PROPERTY DESCRIPTION
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.
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Interior
Cooling & Heating
| Cooling features: | Wall/Window Unit(s) | Heating features: | Wall Furnace |
| Heating: | Yes |
Exterior
Parking
| Parking features: | Underground, Assigned |
Property and Lot Details
Fee
| Special Listing Conditions: | Standard |
Building Information
| Year Built: | 1957 | Levels: | One |
| Stories: | 3 |
Lot
| Lot Dimensions: | 22157.0 | Zoning: | SMR2* |
Construction
| Building Area total: | 40412.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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