Active

537 San Vicente Blvd

Santa Monica CA, 90402

$23,395,000


$578.91 per sqft

Active

47 Beds

47 Baths

40,412 sqft

Multi-family

Built in 1957

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.

23-263605

MLS ID

April 25, 2023

Listed

November 14, 2023

Updated

Map

537 San Vicente Blvd
Santa Monica CA, 90402

Interior Features

Total Stories

3


Bedrooms

47 Beds


Bathrooms

47 Baths


Laundry Description

Community


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.51 acres


Exterior Features

None

Other Property Details

Days on Market

202


Garage

No


Parking

Assigned


Parking Total

33


View

No


County

Los Angeles


Pool

Yes


Pool Features

Community


Zoning

SMR2*

Courtesy of Jonathan Taksa with Remax Commercial and Investment Realty
Listing Contact: 310-968-5303 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Brian Merrick shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2023 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/14/2023

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