Henry Falkenstein & Associates
Angela Conterno, Henry Falkenstein & AssociatesPhone: (310) 529-7338
Email: [email protected]
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listing
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Residential IncomeFor Sale
$9,995,000
326 San Vicente Boulevard
Santa Monica, CA 90402
Listed by Jonathan Taksa DRE#01366169 [email protected] Remax Commercial And Investment Realty
MLS: California Regional MLS (CRMLS)
34Beds
34Baths
23,098Sq Ft
Est. Mortgage
$51,692/mo

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.

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Information courtesy of Remax Commercial And Investment Realty is subject to verification and is not guaranteed.
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