326 San Vicente Boulevard Santa Monica, CA $ 10,750,000
326 San Vicente Boulevard
$ 10,750,000
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326 San Vicente Boulevard

Santa Monica, CA, 90402
$ 10,750,000
Baths0.0 Sq 23,098

Monthly Estimate*

$ 75,092

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Studio

Multi-Family Home for sale in Santa Monica, CA

for $10,750,000. This 23,098 square foot home was built in 1956 on a lot size of 0.57.

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.

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Multi-Family Active

Price

$ 10,750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.57

Year Built

1956

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

0024389477

Features
General
Heating Wall Furnace
Zoning SMR2*
Year Built 1956
Levels Multi/Split
County Los Angeles
Net Operating Income 327118.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Santa Monica
Buyer Agent Compensation 1.50
Senior Community Y/N No
MLS Area C14 - Santa Monica
Lot Size Square Feet 24982.0
Street Name San Vicente
Additional Parcels Y/N No
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type %
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Exterior
Parking Features Assigned
Lot Size Area 24982.0
Building Area Total 23098.0
Lot Size Acres 0.57
Lot Size Units Square Feet
Land Lease Type Fee
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Interior
Total Stories 2
Heating Y/N Yes
Street Suffix Boulevard
Laundry Features Community
Total Baths 0
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* Excluded Features
List By
Jonathan Taksa

Listing Agent

Remax Commercial And Investment Realty

Broker

Affordability Calculator

$75,092
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Monthly Principal & Interest
$75,092
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2024$10,750,000 Listed Price

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326 San Vicente Boulevard, Santa Monica, CA, 90402 is a Multi-Family Home for sale at $10,750,000 with 23,098 sqft and a lot size of 0.57. 326 San Vicente Boulevard is a studio with 0.0 baths and was built in 1956. The property's zip code is 90402 which is in Santa Monica, CA