537 San Vicente Boulevard

Santa Monica, CA 90402
  • $15,395,000

    Price
  • 3

    Bed
  • 3

    Bath
  • 40,412

    SqFt

About the Listing CLW-X7538301 - CLW-X90025

PRICED TO SELL. ADDITIONAL $500,000 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 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.

Listing Highlights

Status Pending
Days on Site 222
Property Type Multi-Family
MLS ® 26640487
Year Built 1957
Total Square Footage 40,412
Lot/Acreage 0.51

Interior Details

  • Bedrooms: 3
  • Bathrooms: 3 Full
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Air Cond: Wall/Window Unit(s)
  • Heating: Electric,Wall Furnace
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 33
  • Zoning: SMR2*
  • Roof:
  • Others: 2+ Total Units
  • Sewer:
  • Parking Features: Assigned,Gated

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 4293001018
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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537 San Vicente Boulevard Santa Monica, CA 90402

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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