CA > Santa Monica
Santa Monica, CA 90402,326 San Vicente Blvd
Santa Monica, CA 90402,326 San Vicente Blvd
Santa Monica, CA 90402,326 San Vicente Blvd
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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567
$9,995,000
Est. payment /mo
34 Beds
34 Baths
23,098 SqFt
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UPDATED:

10/11/2024 02:37 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 23,098 sqft

Price per Sqft $432

MLS Listing ID 24-389477

Bedrooms 34

Year Built 1956

Lot Size 0.574 Acres

Acres 0.5735

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.

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMR2*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment None

Laundry Community

Exterior

Garage Assigned

Garage Spaces 17.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard

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Listed by Remax Commercial and Investment Realty

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Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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