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$26,750,000
537 San Vicente Blvd, Santa Monica, CA 90402
47 Beds
0 Baths
n/a SqFt

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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.
  • Price:
  • $26,750,000
  • Bedrooms:
  • 47
  • Acreage:
  • 0.51
  • Year Built:
  • 1957
  • Listing ID #:
  • 22-167252
  • Street Address:
  • 537 San Vicente Blvd
  • City:
  • Santa Monica
  • State:
  • California
  • Postal Code:
  • 90402
  • County:
  • Los Angeles
  • Listing Status:
  • Active
  • Listing Type:
  • MultiFamily
  • Stories:
  • 3.0
  • Year Built:
  • 1957
  • Conforms To Zoning:
  • Smr2*
  • Room Description:
  • 20 Bedrooms
  • Parking Description:
  • Side By Side
  • Parking Spaces:
  • 33
  • Cooling System:
  • Window Unit(s) A/C
30-year Conforming

6.151%

0%

30-year FHA

6.12%

-0.081%

30-year VA

5.936%

0.006%

Last updated: 1/30/2023
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*OPTIMAL BLUE MORTGAGE MARKET INDICES - Calculated from actual locked rates with consumers across more than one-third of all mortgage transactions closed nationwide, OBMMI provides multiple mortgage pricing indices developed around the most popular mortgage products and specific borrower attributes and provides configurable trending of rates over time.

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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Copyright © 2022 Combined LA Westside Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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