326 San Vicente Blvd, Santa Monica, CA 90402

$10,995,000
34
BD
34
BA
23,098
SqFt
List Price
$10,995,000
Price Change
▼ $1,780,000 1690236919
MLS#
23-263617
Year Built
1956
Bedrooms
34
Bathrooms
34
Living Sq. Ft
23,098
Lot Size
24,975
Days on Market
312
Property Type
Multifamily
Stories
2

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 $2.14/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.

Additional Information

Other Buildings
None
Heat
Wall
Cooling
None
Number of Cars in Garage
Assigned

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Remax Commercial and Investment Realty, Jonathan Taksa - CA DRE#01366169

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