537 San Vicente Boulevard Santa Monica, CA $ 16,995,000
537 San Vicente Boulevard
$ 16,995,000
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537 San Vicente Boulevard

Santa Monica, CA, 90402
$ 16,995,000
Bedrooms47 Baths19.0 Sq 40,412

Monthly Estimate*

$ 104,641

Listed by Remax Commercial and Investment Realty
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Multi-Family Home for sale in Santa Monica, CA

for $16,995,000 with 47 bedrooms and 19 full baths. This 40,412 square foot home was built in 1957 on a lot size of 0.5087.

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 wraparound 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.

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Multi-Family Active

Price

$ 16,995,000

Bedrooms

47

Full Bath

19

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.5087

Year Built

1957

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

26640487

Days on Market

3

Features
General
Living Area 40412
Heating Electric Wall Furnace
Cooling Wall/Window Unit(s)
Appliances Dishwasher Disposal Microwave Refrigerator
Zoning SMR2*
Year Built 1957
Stories Count 1
Levels One
Gross Income 1242642
County Los Angeles
Net Operating Income 790558
New Construction false
Property Type Residential Income
HOA false
Attached Garage true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Prestigious San VIcente Blvd. 4 blocks from the ocean.
City Santa Monica
Senior Community Y/N false
Number Of Units Total 33
MLS Area C14 - Santa Monica
Lot Size Units Square Feet
Lot Size Square Feet 22157
Standard Status Active
Year Built Source Assessor
Cap Rate 4.65
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Interior
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 47
Total Baths 47
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Exterior
Parking Features Assigned Gated
Total Parking 33
Lot Size Area 22157
Number of Buildings 1
Building Area Total 40412
Lot Size Acres 0.5087
Lot Size Source Assessor
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* Excluded Features
List By
Remax Commercial And Investment Realty

Broker

jon@taksainvestment.com

Email

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$104,641
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$104,641
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/20/2026$16,995,000 Listed Price

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537 San Vicente Boulevard, Santa Monica, CA, 90402 is a Multi-Family Home for sale at $16,995,000 with 40,412 sqft and a lot size of 0.5087. 537 San Vicente Boulevard has 47 bedrooms, 19.0 baths, and was built in 1957. The property's zip code is 90402 which is in Santa Monica, CA