326 San Vicente Boulevard, Santa Monica, CA 90402
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- MLS#: 24389477 ( )
- Street Address: 326 San Vicente Boulevard
- Viewed: 6
- Price: $9,995,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1956
- Bldg sqft: 0
- Days On Market: 229
- Additional Information
- County: LOS ANGELES
- City: Santa Monica
- Zipcode: 90402
- Provided by: Remax Commercial and Investment Realty
- Contact: Jonathan Jonathan
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DescriptionHUGE 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 Location and Similar Properties
Features
Building Area Total
- 23098.00
Country
- US
Heating
- Wall Furnace
Laundry Features
- Community
Levels
- Multi/Split
Netoperatingincome
- 367347.00
Parcel Number
- 4293003009
Parking Features
- Assigned
Sourcesystemkey
- 24-389477:CLAW
Totalexpenses
- 200683.00
Year Built
- 1956
Year Built Source
- Assessor
Zoning
- SMR2*