537 San Vicente Boulevard | MLS #CL26640487 | RE/MAX California & Hawaii
 
  • 156 days on site
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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 plan, and offer an abundance of natural light. There is significant rental upside, and on-site parking for 33 cars (and a wraparound driveway for additional parking), an on-site laundry facility and beautiful sparkling pool. The unit mix includes (19) 1-bed, 1-bath units, and (14) 2-bed, 2-bath units. This is a fantastic trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. A quick walk to Montana Avenue and the beach, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.

Source: bridgeMLS, MLS#: CL26640487

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  • Property Type
    Commercial Sale
  • Lot
    0.51 acres

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Inmar Barrera

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 537 San Vicente Boulevard


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/12/2026Source: bridgeMLS Price Reduction
$15,895,000 -3.6%
5/12/2026Source: CRMLS Price Reduction
$15,895,000 -3.6%
3/10/2026Source: CRMLS Price Reduction
$16,495,000 -2.9%
3/10/2026Source: bridgeMLS Price Reduction
$16,495,000 -2.9%
1/25/2026Source: bridgeMLS Added to Database
January 25, 2026
1/20/2026Source: CRMLS Added to Database
January 20, 2026
Listing provided courtesy of Remax Commercial and Investment Realty- MLS# CL26640487MLS Provider