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326 San Vicente Blvd Santa Monica, CA 90402
$14,195,000
34 beds
23,098 sq ft

Courtesy of Remax Commercial and Investment Realty 213-817-1000

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Laura Alice Scaturro

Laura Alice Scaturro

Founder

DRE# 01942167

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.

Property Details & Features

Property Type

  • Multi Family Residence

Year Built

  • 1956

Appliances and Equipment

  • None

Bathrooms

  • 35.00 total bathrooms

Bedrooms

  • 34 total bedrooms

House

  • 23,098 sq ft
  • Built in 1956

Cooling

  • Wall Unit(s)

Disclosures

  • As Is

Garage

  • None

Heating

  • Wall

Listing

  • ListDate: 2022-06-13
  • PricePerSqFt: $615
  • 60 days on market

Location

  • County: Los Angeles
  • ListingArea: Santa Monica

Lot

  • LotAcreage: 0.5734
  • LotSizeArea: 24,975

Parking

  • TotalParking: 17

Property

  • NumberOfUnits: 17
  • Zoning: SMR2*

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