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537 San Vicente Blvd, Santa Monica, Los Angeles County, CA, 90402

For Sale

Listed by Jonathan Taksa with Remax Commercial and Investment Realty
$23,395,000 USD
$23,395,000 USD
  • 47 Beds
  • 40,412 Sqft
  • 0.508 ac Lot Size
  • Residential
Open House
No open houses are scheduled at this time.
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Property Summary for 537 San Vicente Blvd

Type
Residential
Sub-Type
Other
Listing Status
Active
Lot Size
0.508 Ac
MLS Number
23-263605
Year Built
1957
Parcel Number
4293-001-018
Parking info
33, Parking
Neighborhood
North of Montana
Zip
90402
School District
Santa Monica-Malibu Unified School District
Rooms Information

Description for 537 San Vicente Blvd

HUGE PRICE REDUCTION! 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.
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Features for 537 San Vicente Blvd

Building Features
  • Floors: 3
  • Units: 33
Listing provided by RE/MAX Commercial & Investment
Copyright © 2023 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listed by:
Jonathan Taksa

Remax Commercial and Investment Realty

Taxes for 537 San Vicente Blvd, Santa Monica, CA 90402

Year Property Taxes Market Value
2023-2024 $259,085 $22,400,606
The market value for this residential property was estimated at $22,400,606. In 2023-2024, property taxes for 537 San Vicente Blvd, Santa Monica, CA 90402 were $259,085.

Nearby Sales

Address Sale Price Sale Date Sqft Price/sqft
620 Adelaide Dr, Santa Monica, CA 90402 $9,119,000 03/09/2021 4,371 $2,086
636 Adelaide Dr, Santa Monica, CA 90402 $7,200,000 27/07/2021 3,102 $2,321
437 San Vicente Blvd, Santa Monica, CA 90402 $6,000,000 24/02/2020 10,955 $548
621 San Vicente Blvd, Santa Monica, CA 90402 $14,560,000 02/07/2019 41,077 $354
451 San Vicente Blvd, Santa Monica, CA 90402 $9,600,000 07/08/2014 20,612 $466
527 San Vicente Blvd, Santa Monica, CA 90402 $1,000,000 14/03/1995 25,252 $40
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Disclaimer

Latest sale prices and tax info are provided by PropertyShark, from public records.

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