United StatesCaliforniaSanta MonicaNorth Of Montana537 San Vicente Boulevard

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

$18,950,000
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JUST REDUCED AND 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...

Remax Commercial and Investment Realty

Listing Courtesy of Remax Commercial and Investment Realty
$18,950,000
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47
Bedrooms
3,754 m²
Interior
2,064 m²
Exterior
Residential Income
Property type
1957
Year Built
24419953
Web Id
24419953
MLS ID
Santa Monica-Malibu Unified
School District
293
days ago

About 537 San Vicente Boulevard

JUST REDUCED AND 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.

Listing Courtesy of Remax Commercial and Investment Realty

Amenities

  • heating/cooling

features

cooling
Propane Heating
Parking
Assigned Parking, Underground Parking

PROPERTY INFORMATION

Cooling
WallWindowUnits
Heating
WallFurnace
Parking Description
Assigned, Underground

ADDITIONAL INFORMATION

Number of Units
33
Listing Courtesy of Remax Commercial and Investment Realty

Remax Commercial and Investment Realty

Listing Courtesy of Remax Commercial and Investment Realty
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