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537 San Vicente Blvd
Santa Monica CA 90402 US

$21,995,000

Active Listing ID 24-419953
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47 bed
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Lot: 0.51 Acres
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Other

$21,995,000

Active Listing ID 24-419953
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537 San Vicente Blvd Huge price reduction!!!! 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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Property Features

  • Facts
  • Lot Size: 0.51 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 21995000
  • unparsedaddress: 537 San Vicente Blvd
  • postalcity: Santa Monica
  • stateorprovince: CA
  • country: US
  • postalcode: 90402
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.5087
  • lotsizeunits: Acres
  • lotsizearea: 0.5087
  • livingarea: 40412
  • livingareaunits: Square Feet
  • listagentfullname: Jonathan Taksa
  • listagentemail: jon@taksainvestment.com
  • listagentkey: 3yd-CLAWCA-X90025
  • listagentmlsid: X90025
  • listagentpreferredphone: 2138171000
  • listagentofficephone: 2138171000
  • listofficekey: 3yd-CLAWCA-X7538301
  • listofficemlsid: X7538301
  • disclaimer: Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1957
  • listingcontractdate: 2024-07-25
  • countyorparish: Los Angeles
  • parcelnumber: 4293-001-018
  • numberofunitstotal: 33
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 33
  • parkingfeatures: Assigned
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Commercial & Investment", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jon@taksainvestment.com", "ListBrokerageCity":"Torrance", "ListBrokerageCountry":"US", "ListBrokerageEmail":"slampe@remaxcir.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"RE/MAX Commercial & Investment", "ListBrokeragePhone":"(310) 802-2500", "ListBrokeragePostalCode":"90505", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"2nd Fl.", "ListBrokerageUnparsedAddress":"23740 Hawthorne Blvd.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"99 South Lake Ave.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"X76298", "ListOfficeCity":"Pasadena", "ListOfficeCountry":"US", "ListOfficeEmail":"slampe@remaxcir.com", "ListOfficePostalCode":"90505", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income - Santa Monica, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/537-San-Vicente-Blvd_Santa-Monica_CA_90402_M23274-70473?f=listhub&s=CLAWCA-24&m=419953&c=rexren", "MLSModificationTimestamp":"2024-12-04T14:29:24Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/5/2024 4:01:29 PM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: Jonathan Taksa, Remax Commercial and Investment Realty, jon@taksainvestment.com

Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.