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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 9,995,000

Est. payment -/mo

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Active

326 San Vicente BLVD Santa Monica, CA 90402

34 Beds

34 Baths

23,098 SqFt

UPDATED:

10/11/2024 02:48 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 23,098 sqft

Price per Sqft $432

MLS Listing ID 24389477

Bedrooms 34

HOA Y/N No

Year Built 1956

Lot Size 0.573 Acres

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.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Heating Wall Furnace

Fireplace No

Laundry Common Area

Exterior

Garage Assigned

Parking Type Assigned

Total Parking Spaces 17

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4293003009

Special Listing Condition Standard

Listed by Jonathan Taksa • Remax Commercial and Investment Realty

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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Rick Lee

Rick Lee

326 San Vicente BLVD Santa Monica, CA 90402

Key Details

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Rooms

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Exterior

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326 San Vicente BLVD