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.
Features
: No
: Wall Furnace
: Wall/window Unit(s)
: No
: No
: 33
: Assigned, Underground
Address Map
U.S.
California
Los Angeles
Santa Monica
90402
537 San Vicente Boulevard
0
W119° 29' 27.2''
N34° 1' 53.7''
MLS Addon
$0
40,412 Sqft
: No
: No
47
East of Ocean Avenue and West of 7th Street
: No
3

Residential Income For Sale Santa Monica

537 San Vicente Boulevard, Santa Monica, Los Angeles, California, 90402

47 Bedrooms
40,412 Sqft
Visits : 1 in 56 days
$23,295,000
Listing ID #24419953
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 24419953
Price : $23,295,000
Bedrooms : 47
Square Footage : 40,412 Sqft
Year Built : 1957
Lot Area : 22,157 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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