129 San Vicente Blvd, Santa Monica, CA 90402

$25,000,000
48
BD
33
BA
30,140
SqFt
List Price
$25,000,000
MLS#
20-596344
Bedrooms
48
Bathrooms
33
Living Sq. Ft
30,140
Lot Size
47,314
Property Type
Multifamily

Property Description

129 San Vicente Blvd is a 4-building trophy asset sitting on a massive47,262 SF lot overlooking the Pacific Ocean. This prime Santa Monicalocation, North of Wilshire - North of Montana, is second to none when itcomes to high-end commercial real estate. The property is 100% vacantallowing a new investor to renovate and create tremendous value bothin the aesthetics of the building as well as hand selecting tenants.The property has a unit mix of mostly 2-bedrooms and two 3+2penthouse units with balconies on both the upstairs and downstairsfloors with ocean views. Market rents for 2+1 units in this location rangefrom $4,300 - $5,200 per month. Due to the property's location of theNorthwest end of San Vicente and Ocean Ave, some of the units haveOcean views facing Malibu and the Pacific Palisades. All property tourswill be subject to submitting an offer with proof of funds. Please call or email listing agents for more information.

Additional Information

Stories
3
Year Built
1949
View
Coastline, Courtyard, Catalina, Ocean
Number of Cars in Garage
Covered Parking
Heat
Wall
Cooling
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of , Chase Simonton.

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