$15,895,000
-$600,000537 San Vicente Boulevard, Santa Monica CA 90402
Multi-Family (33 Units)
Property type
147 days
On market
$393
Price per sqft
N/A
Garage
1957
Year built
22,157 sqft
Lot size
Home highlights
Open Houses
Overview
NOW PRICED TO SELL WITH NEW $600,000 PRICE REDUCTION. 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...
Listing provided by: Jonathan Taksa DRE #01366169 424-672-8220, Remax Commercial and Investment Realty
Listing updated: May 12, 2026 at 10:18pm.
Last checked: Jun 15, 2026 at 07:30pm
Source: CRMLS #26640487
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 14 | 2 | 2 | — | $3,601 | $50,417 | $64,330 | Unfurnished |
| 19 | 1 | 1 | — | $2,673 | $50,792 | $70,205 | Unfurnished |
# of Buildings: 1
# of Units Total: 33
Dishwasher: 33
Disposal: 33
Refrigerator: 33
Financial Snapshot
Gross Rent Multiplier
13.1x
List Price / Annual Gross Rent
Cap Rate
4.89%
NOI / List Price
Net Operating Income: $776,866
Interior
Cooling: Wall Window Units
Heating: Electric, Wall Furnace
Appliances: Dishwasher, Disposal, Microwave, Refrigerator
Exterior
Stories Total: 3
Levels: One
Garage and Parking
Parking: Assigned, Gated
Garage: Attached
Parking Total: 33
Lot Information
Land Lease: No
Parcel #: 4293001018
Zoning: SMR2*
Community
HOA: No
Senior Community: No