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Property Description

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.

Features
: Wall Furnace
2
: Community
0
Additional Information
Remax Commercial and Investment Realty
0
CLW-X90025
CLW-X7538301
Jonathan
4293003009
: Standard
Multi/Split
32

Multi-Family For Sale

326 San Vicente Boulevard, Santa Monica, California 90402

23,098 Sqft
$9,995,000
Listing ID #24389477
Basic Details
Status : Active
DaysOnMarket : 91
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24389477
Price : $9,995,000
Living Area : 23,098 Sqft
Lot Size : 24,982 Sqft
Year Built : 1956
Country : US
State : California
County : Los Angeles
City : Santa Monica
Zipcode : 90402
Price Per Square Foot : $433
ModificationTimestamp : 2024-08-07 17:01:56
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