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537 San Vicente Boulevard Santa Monica, CA 90402
$18,950,000 47 beds, 47 baths
40, 412 sqft
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JUST REDUCED AND NOW PRICED TO SELL. We are pleased to offer for sale an incredibly rare multifamily asset at 537 San Vicente Blvd. in the heart of LA's famed beach city of Santa Monica. Originally built in 1957, the building boasts an ideal unit mix consisting of all large 1 & 2 bedroom units. All of these units are extremely spacious, have a terrific floor plan, and offer an abundance of natural light. There is significant rental upside, and on-site parking for 33 cars (and a wrap around driveway for additional parking), an on-site laundry facility and beautiful sparkling pool. The unit mix includes (19) 1-bed, 1-bath units, and (14) 2-bed, 2-bath units. This is a fantastic trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. A quick walk to Montana Avenue and the beach, 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 Details

Property type: (Multi-Family)
Status: Active
MLS# 24419953
List price is $18,950,000 Reduced by $3,045,000 on 2/4/2025
Beds: 47
Baths: 47
Built in 1957
40,412 sqft
1 story
0.51 acres
Lot size: 0.5087
County: Los Angeles
Zoning: SMR2*
Parking description: Assigned,Underground
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: C14 - Santa Monica

Last Updated: 2/4/2025

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This listing belongs to the C14 - Santa Monica MLS area

Lat/Long: 34.031576, -118.509125.
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Listing Agent: Jonathan Taksa
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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