Skip To Content

326 San Vicente Blvd

Santa Monica, CA 90402
  • $14,195,000
  • STATUS: Active
  • ON SITE: 233 Days
  • MLS #: 22-167275
UPDATED: 50 min ago
$14,195,000
  • 34
    BEDS
  • 0.57
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 23,098
    SQFT
  • $615
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:
Area:

School Ratings & Info

Description

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 $1.77/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.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-02-02T21:43:00.27. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/129798448
Print Image

326 San Vicente Blvd Santa Monica, CA 90402

  • Price: $14,195,000
  • Status: Active
  • On Site: 233 Days
  • Updated: 50 min ago
  • MLS #: 22-167275
34
Beds
0
Baths
0
½ Baths
0.57
Acres
23,098
SQFT
$615
$/SQFT
1956
Built
Neighborhood:
Santa Monica
County:
Los Angeles
Area:
Santa Monica
Property Description
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 $1.77/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.
Exterior Features

Lot Size Area 24975 Other Structures None Parking Garage None Total Parking 17

Interior Features

Baths Total 35.00 Cooling Wall Unit(S) Equipment None Heating Wall

Property Features

Assessed Total Value 8703016 Gross Income 501396 Gross Operating Income 504590 Like Units1 17 Net Operating Income 180801.00 Number Of Buildings 1 Number Of Units 17 Rent Control YN Yes Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 308747 Type Of Units 2S Year Built Source Assessor Zoning Smr2*

Listing provided courtesy of Jonathan Taksa DRE#01366169 of Remax Commercial And Investment Realty: 213-817-1000.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-02-02T21:43:00.27. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-167275-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-167275-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-167275-2.jpg
Logo
Zwemmer Realty Group | Keller Williams Realty
75486 Augusta Drive
Indian Wells CA, 92210