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About This Home

This 47-bedroom, 47-bathroom residential multi family at 537 San Vicente Blvd in Santa Monica, CA is listed for $16,495,000 ($408 per sqft). Built in 1957, the home offers 40,412 sqft of living space on a 0.51 acres lot.

Agent Description

JUST REDUCED $500,000. 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.

Key Features

  • Built in 1957
  • 0.51 acre lot
  • 3 stories
  • 33 parking spaces

Property Details

3 stories
3 full
33 spaces
1957

Amenities

A/C

Monthly Cost Estimate

$88,219/mo

20% down · 6.5% · 30 years

Principal$11,929
Interest$71,478
Insurance$4,811

Estimates only. Actual payments may vary.

Location

537 San Vicente Blvd

Santa Monica, CA 90402

Property Details

Parking

Garage - AttachedAssignedGated

Heating

Electric (Heating)

Cooling

Wall/Window Unit(s)

Questions & Answers

This 47-bedroom, 47-bathroom residential multi family at 537 San Vicente Blvd is listed at $16,495,000 ($408/sqft). The estimated monthly payment is $71,478 based on 20% down at 6.5% interest.

Key features include: Built in 1957, 0.51 acre lot, 3 stories, 33 parking spaces.

This property is listed by Jonathan Taksa and can be reached at 3109685303 or jon@taksainvestment.com.

JT

Jonathan Taksa

Agent at Remax Commercial and Investment Realty

(310) 968-5303

Listed by Remax Commercial and Investment Realty

MLS# 26640487· Source: listhub· Updated 80 days ago

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

537 San Vicente Blvd, Santa Monica, CA 90402

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