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537 San Vicente Blvd
Santa Monica, CA 90402 Santa Monica

$21,995,000 USD

Apartments For Sale • 40,412 SF

Property Details

Property Type Apartments
Total Building Size 40,412 SF
Lot Size 0.51 AC
Building Class C
Year Built 1957
Zoning R3, Santa Monica

33 Transit Score

55 Walk Score

                
                    Highlights
                
                                MASSIVE PRICE REDUCTION: Premier Santa Monica Location
                            
                                Excellent Unit Mix
                            
                                Significant Rental Upside
                            
                                Subterranean Parking
                            
                                Approx. $1,443,000 Spent on Apartment Renovations and Approx. $567,000 Spent on Common Area Renovations

Financial Summary (Proforma)

Net Operating Income: $758,489 USD (2024)

Total Expenses:

$426,462 USD

Amenities

Balcony
Laundry Facilities
Heating
Refrigerator
Oven
Range

Public Transportation

Airport	Drive	Walk	Distance
Los Angeles International	21 min	-	10.2 mi
Bob Hope	33 min	-	20.1 mi
Long Beach (Daugherty Field)	41 min	-	30.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	33
Type:	Covered
Included in Rent:	Yes

Jonathan Taksa 310-968-5303 RE/MAX Commercial & Investment Realty

537 San Vicente Blvd Santa Monica, CA 90402 Santa Monica