$9,995,000
 $53,655 est/mo Sourced by Back At You

326 San Vicente Boulevard , Santa Monica, CA 90402

Santa Monica, CA 90402

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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.

Details

MLS#24389477
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1956
Days On Site189
Listing Provided ByRemax Commercial and Investment Realty 213-817-1000 | Jonathan Taksa

Features

Bed(s)34
Bath(s)34
SQ Feet23,098
Story(s)2
Units17
Building(s)1
ZoningSMR2*
Acreage0.57

Market Activity 90402

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 1 minute ago
StateCA
CountyLos Angeles
CitySanta Monica
Zip Code90402
AreaC14 Santa Monica
Listing VS Median (in 90402)
Price:
$9,995,000
low | high
Med:
$825,000
100% of Average
SqFt:
23,098
low | high
Med:
808
100% of Average
$ / SqFt:
$433
low | high
Med:
$1,021
85.95770657606% of Average
On Site:
189
low | high
Med:
22.000000
100% of Average
Sourced by Back At You
Listing Updated: September 27, 2024 at 1:30:05 PM PDT