Mohr Real Estate Group

Mohr Real Estate Group

326 San Vicente Boulevard Santa Monica CA 90402 MLS #24389477

326 San Vicente Boulevard
Santa Monica, CA, 90402
$9,995,000
Beds
0 Baths
SqFt
0.57 Acres
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$9,995,000
326 San Vicente Boulevard
Santa Monica, CA, 90402
MLS #24389477 img 0

Property Description


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 Details

Price:
$9,995,000
MLS #:
24389477
Status:
Active
Baths:
0
Address:
326 San Vicente Boulevard
Type:
Residential Income
Neighborhood:
c14santamonica
City:
Santa Monica
Listed Date:
May 8, 2024
State:
CA
ZIP:
90402
Lot Size:
24,982 sqft / 0.57 acres (approx)
Year Built:
1956

Schools

Interior

Heating
Wall Furnace

Exterior

Parking Features
Assigned
Parking Spots
17.00
Stories Total
2

Financial

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