537 San Vicente Boulevard, Santa Monica, CA 90402

• 47 beds |
• 47 baths |
• 40,412 sqft

Property Description

INCREDIBLE NEW PRICING - 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 Status:

Active

Date Added:

July 25, 2024 at 05:00AM

Listing Office:

Remax Commercial and Investment Realty : 213-817-1000

Listing Agent:

Jonathan Taksa : 424-672-8220

MLS ID:

24419953

Interior

• A/C: Wall/Window Unit(s)
• Heating: Wall Furnace

Exterior

• Parking: AssignedUndergroundParking spaces: 33

Construction

• General: 1

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: SMR2*4293001018

Financial

• Source: CRMLS

This listing courtesy of Jonathan Taksa, Remax Commercial and Investment Realty