326 San Vicente Blvd
SANTA MONICA, CA 90402

Property

Ownership: For Sale
Bedrooms: 34 BR
Bathrooms: 34
Area: 24982 sq ft
Lot Size: 0.57 Acres

Financials

Price: $9,995,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Remax Commercial and Investment Realty

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.

Neighborhood

More listings:

326 San Vicente Blvd 34.0 Pacific Palisades LA


    CLAW

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.