326 SAN VICENTE BLVD SANTA MONICA, CA 90402

Features

• Price/sqft: $465
• Lot Size: 24975 sq. ft.
• Total Units: 17
• Total Rooms: 5
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
• Construction Type: Wood

Facts

• Year Built: 01/01/1956
• Property ID: 881996449
• MLS Number: 24-389477
• Parcel Number: 4293-003-009
• Property Type: Townhouse or Condo
• County: LOS ANGELES
• Legal Description: THE PALISADES NE 5 FT OF LOT 9 MEASURED ON NW AND SE LINES OF SD LOT AND ALL OF LOT/SEC 10 BLK/DIV/TWN K
• Zoning: SMR2*
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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.