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326 San Vicente Boulevard, Santa Monica, CA 90402

Property

326 San Vicente Boulevard, Santa Monica, CA 90402 Sold March 2025 CRMLS
$9,700,000Sold March 2025

Listing Agent: Jonathan Taksa (DRE #01366169) · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: KIT CHAN · SMART-LIVING INVESTMENTS · MLS #24389477 · Source: CRMLS

34
Bedrooms
34
Bathrooms
23,098
Sq Ft
24,982 sqft
Lot Size
1956
Year Built
Property
Type
WallFurnace
Heating

About this property

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.

Listing description from the March 2025 sale, as reported to CRMLS.

Sale history

$9,700,000
Sold March 2025 · listed $9,995,000, orig. $10,750,000, on market May 2024 · MLS #24389477 · Source: CRMLS
Listing Agent: Jonathan Taksa · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: KIT CHAN · SMART-LIVING INVESTMENTS
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