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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.
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
Amenities
Monthly Cost Estimate
$88,219/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
537 San Vicente Blvd
Santa Monica, CA 90402
Property Details
Parking
Heating
Cooling
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.
























