Active

326 San Vicente Blvd

Santa Monica CA, 90402

$9,995,000


$432.72 per sqft

Active

34 Beds

34 Baths

23,098 sqft

Multi-family

Built in 1956

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.

24-389477

MLS ID

May 8, 2024

Listed

December 18, 2024

Updated

Map

326 San Vicente Blvd
Santa Monica CA, 90402

Interior Features

Total Stories

2


Bedrooms

34


Total Bathrooms

34


Appliances

None


Laundry Description

Community


Fireplace

No


Cooling

Yes


Cooling Description

Wall Unit(s)


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.57 Acres

Other Property Details

Area Name

Santa Monica


Days on Market

224


Garage

No


Parking

Assigned


Parking Total

17


View

No


County

Los Angeles


Pool

No


Zoning

SMR2*

Listed by Jonathan Taksa with Remax Commercial and Investment Realty
Listing Contact: 310-968-5303 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Lee LaPlante shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/18/2024

Powered byLuxury Presence