326 San Vicente Boulevard
Santa Monica , CA 90402
MLS#: 24389477
$9,995,000
Property
Beds
34
Full Baths
None
1/2 Baths
None
Year Built
1956
Sq.Footage
23,098
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.
Features & Amenities
Interior
-
Total Bedrooms
34
-
Bathrooms
N/A
-
Heating YN
YES
-
Heating
Wall Furnace
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Assigned
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.5735
-
Property Type
Residential Income
Price
-
Sales Price
$9,995,000
-
Sq. Footage
23, 098
-
Price/SqFt
$432
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Jonathan Taksa , Remax Commercial and Investment Realty
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