621 San Vicente Blvd, SANTA MONICA


57 Beds
57 Baths
41,077 Sqft
.51 Acre
0 Garage

Presenting for sale the generational opportunity to acquire 29 units at 621 San Vicente Blvd. in beautiful Santa Monica. Ideally located in the heart of LA's vibrant Westside and just blocks from the ocean, 621 San Vicente Blvd. is a Mid-Century property built in 1960 by famed architect Kenneth Lind and consists of one building with three floors of residential units over 1 level of subterranean parking. The building features an incredible unit mix, with 28 out of the 29 units being extra large 2 bedroom 2 bath floor plans flooded with natural light. First floor units enjoy a massive front patio, while 2nd and 3rd floor units have great views. The property has HUGE rental upside (only 6 of the units have been luxuriously renovated), and current rents hover at just $2.00 per square foot. Additionally, there is currently a vacant storage room that could be rented for additional income (Buyer to verify). A quick walk to the high-end dining, nightlife, the Santa Monica Stairs and the beach. This ultra rare value add offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles. ALSO AVAILABLE FOR SALE IS AN INCREDIBLE 36 UNIT PROPERTY AT 305 SAN VICENTE BLVD.

Essential Information
MLS® #22-183351
Square Footage41,077
Year Built1960
TypeResidential Income
Sub-TypeApartment Building
Community Information
Address621 San Vicente Blvd
AreaSanta Monica
CountyLos Angeles
Zip Code90402
Parking Spaces29
Has PoolYes
PoolIn Ground
CoolingWall Unit(s)
# of Stories3
Additional Information
Date ListedJuly 27th, 2022
Days on Market67
Listing Details
AgentJonathan Taksa (01366169)

Remax Commercial and Investment Realty


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