326 San Vicente Boulevard, Santa Monica, CA 90402 (MLS # 24389477)
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.
Property Type(s):
Residential Income
Last Updated
|
7/17/2024
|
Year Built
|
1956
|
Community
|
Santa Monica
|
County
|
Los Angeles
|
Price History
Prior to Jul 17, '24
|
$10,750,000 |
Jul 17, '24 - Today |
$9,995,000 |
Additional Details
AREA |
Santa Monica |
GARAGE |
Assigned |
HEAT |
Wall Furnace |
LOT |
0.57 acre(s) |
PARKING |
Assigned |
STORIES |
2 |
ZONING |
SMR2* |
Location
Listed with Remax Commercial and Investment Realty
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Based on information from California Regional Multiple Listing Service, Inc. as of 9/7/24 4:37 PM PDT and /or other sources. 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
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