326 San Vicente Boulevard

Santa Monica, CA 90402

PRICE REDUCED

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-$755,000 (-7.02%)

$9,995,000

List Price

34

bed Beds

34

shower Baths

23,098 sqft

straighten / sqft

1956

calendar_month Built

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.

Listing Information

List Price $9,995,000
Status Active
MLS 24389477
Type Residential Income
Year Built 1956
Lot Size 24,982
Structure Size 23,098
DOM 97
Courtesy Of Remax Commercial and Investment Realty
Listing Agent Jonathan Taksa DRE#01366169

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms 34
Total Bathroom
Bathrooms 34

Exterior Information

Maps

Listing information courtesy of: Jonathan Taksa, Remax Commercial and Investment Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 8th, 2024 at 12:02 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.