logo
Los Angeles icon
icon Los Angeles icon
img
icon icon
Street View
icon icon
16 Photos
icon
icon icon
605 San Vicente Boulevard
USD 20,000,000
Property ID: 23291321
icon
605 San Vicente Boulevard ,90402
icon --
icon 22318 SqFt
icon Built in 1973
icon USD 896/SqFt
icon 48 Beds
icon 0 Full
icon --
icon --
icon
icon
icon
Location Street View
icon
icon Direction
Interior Details
Bedrooms
48
Bathrooms
0
Interior Size
41832
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1973
See more icon
Detailed Introduction Of This Home
CALL FOR OFFERS DEADLINE AUGUST 10th @ 2:00 PM - NOW SCHEDULING TOURS - CALL OR EMAIL FOR TOURING AVAILABILITY - We are proud to present a unique acquisition opportunity at 605 San Vicente Boulevard, Santa Monica, California. This 30-unit multifamily property presents an unparalleled value-add proposition set within a landscape abundant in luxury and accessibility. Built in 1973, the property boasts a total of 30 units, with 9 currently vacant and presenting a unique opportunity. Featuring a 41,832 square foot building on a 22,318 square foot lot, the unit mix is ideal with (12) two bedroom two bath units, (12) one bedroom one bath units and (6) two bedroom two bath units with an additional den. This sets the stage for discerning investors to rejuvenate a generational asset within one of Los Angeles' high-demand rental markets, unlocking the potential for commanding premium rents. As Los Angeles continues to flourish in this dynamic era, there is a noticeable uptick in the appetite for upscale beachside apartment living. Six of the property's 30 units have already been elegantly upgraded to embody opulence, with features like superior finishes, cutting-edge appliances, in-unit washer and dryer, recessed lighting, and remodeled kitchens and bathrooms. This gem in the heart of Northern Santa Monica is situated amid a dynamic blend of premier job opportunities, high-end shopping venues, gourmet dining, lively bars, diverse entertainment, and seamless transportation networks. Merely a leisurely stroll from the radiant Santa Monica beach and nestled comfortably between the plush Montana Avenue and Pacific Palisades neighborhoods, 605 San Vicente Boulevard epitomizes the Santa Monica lifestyle. The property, located within Silicon Beach's thriving tech sphere, counts industry heavyweights like Snapchat, Hulu, and HBO among its neighbors. The communal rec room holds the potential for the introduction of community amenities such as a gym or a business center, or even transformation into an Accessory Dwelling Unit (ADU) for added revenue. Residents will compete for a place in this sanctuary, where they will enjoy luxury living spaces and a tranquil oasis in LA's most sought-after neighborhood. With its unparalleled location and untapped earning potential, 605 San Vicente Boulevard promises investors long-term, robust returns. Investing in this property translates to investing in an idyllic Santa Monica lifestyle.
Continue Reading >>
Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
1 of 16
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
Photos (16)
icon
icon
banner
605 San Vicente Boulevard
USD 20,000,000 48 Beds
icon Copy link
icon WhatsApp
icon Facebook
icon Twitter
icon
Welcome to House.com
Log in or sign up to get the most out of your experience. This will also help increase your chances of response from agents.
Enter a valid email address.
or
Continue with Google
By submitting, I accept House.com’s   Terms of use
icon icon
Verify Your Email
Hello ,we’ ve just sent the code to your email.please check and enter the code here to continue logging in.
Verification code error
Didn’t receive email? Please check your spam folder