Active

326 San Vicente Boulevard

Santa Monica CA, 90402

$9,995,000


$432.72 per sqft

Active

34 Beds

34 Baths

23,098 sqft

Residential

Built in 1956

Listed by Jonathan Taksa with Remax Commercial and Investment Realty 213-817-1000

HUGE PRICE REDUCTION! 326 San Vicente Blvd. is a prestigious investment opportunity located in the heart of LA's famed beach city of Santa Monica. Originally built in 1956, the building boasts an incredibly rare unit mix consisting of all extremely large 2-bedroom 2 bath units. Each of these units are extremely spacious and have a terrific floor plan. The property is situated on a massive half acre corner lot; thus, all units offer an abundance of natural light. There is HUGE rental upside, as current rents hover around $2.08/SF. Additionally, there is parking for all units as well as an on-site laundry facility. All units look out to a serene and beautifully landscaped courtyard, and residents enjoy being walking distance to Montana Avenue and the beach. This is a fantastic trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. 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.

24389477

MLS ID

May 8, 2024

Listed

July 17, 2024

Updated

Map

326 San Vicente Boulevard
Santa Monica CA, 90402

Interior Features

Total Stories

2


Bedrooms

34


Total Bathrooms

34


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.57 Acres

Other Property Details

Area Name

C14 - Santa Monica


Days on Market

70


Garage

No


Parking

Assigned


Parking Total

17


View

No


County

Los Angeles


Pool

No


Zoning

SMR2*

Listing History

Date

Event

Price

7/17/2024

Price Change

$9,995,000

-8%

Listing Contact: 213-817-1000 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 7/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 7/17/2024 at 5:12 PM UTC

 

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