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    401-409 San Vicente Blvd

    Santa Monica, CA 90402
    • $7,995,000
    • STATUS: Active
    • ON SITE: 74 days
    • ID#: 20-630812
    $7,995,000
    • 20
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,999
      SQFT
    • $571
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1953
    County:
    Area:

    School Ratings & Info

    Description

    401-409 San Vicente Blvd. is a rare and once in a generation multi-family opportunity. This seventeen unit property is in a prime location on the corner San Vicente Blvd. and 4th Street in Santa Monica. Short distance to the beach, 3rd St. Promenade and Montana Ave. The seventeen units consists of 14 - 1 BR + 1 bath and 3 -2 BR + 1 bath units. Value-add opportunity with below market rents. All of units have individual water heaters. Additional income provided by on site laundry and parking spaces. There are currently two units that are vacant. A rare opportunity for any multi-family investor looking to add a highly sought after property to their portfolio.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-23T23:42:40.78. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.trulinerealty.com/homes/109887117
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    401-409 San Vicente Blvd Santa Monica, CA 90402

    • Price: $7,995,000
    • Status: Active
    • ID#: 20-630812
    20
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    13,999
    SQFT
    $571
    $/SQFT
    1953
    Built
    Neighborhood:
    Santa Monica
    County:
    Los Angeles
    Area:
    Santa Monica
    Property Description
    401-409 San Vicente Blvd. is a rare and once in a generation multi-family opportunity. This seventeen unit property is in a prime location on the corner San Vicente Blvd. and 4th Street in Santa Monica. Short distance to the beach, 3rd St. Promenade and Montana Ave. The seventeen units consists of 14 - 1 BR + 1 bath and 3 -2 BR + 1 bath units. Value-add opportunity with below market rents. All of units have individual water heaters. Additional income provided by on site laundry and parking spaces. There are currently two units that are vacant. A rare opportunity for any multi-family investor looking to add a highly sought after property to their portfolio.
    Exterior Features

    Lot Size Area 15591 Other Structures None Parking Garage Garage Total Parking 14

    Interior Features

    Baths Total 17.00 Cooling Other Equipment Range/OvenRefrigerator Heating Wall

    Property Features

    Assessed Total Value 2016645 Gross Income 439365 Gross Operating Income 439365 Like Units1 14 Like Units2 3 Net Operating Income 247686.00 Number Of Buildings 1 Number Of Units 17 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 182938 Type Of Units Apartments Year Built Source Assessor Zoning Smr2*

    Listing provided courtesy of Errol Spiro DRE#01187022 of Miller & Desatnik Realty Co..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-23T23:42:40.78. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    TruLine Realty
    8644 Wilshire Blvd. Suite 204
    Beverly Hills CA, 90211