129 San Vicente Blvd

Santa Monica, CA, 90402

$24,500,000

$812 per ft²
$24,500,000
$812 per ft²
Active Under Contract
Active Under Contract
 - For Sale
beds
48 Beds
baths
33 Baths
carpenters-square
30,140 ft²
property_type
Multi-family
calendar
Built 1949
129 San Vicente Blvd is a 4-building trophy asset sitting on a massive 47,262 SF lot overlooking the Pacific Ocean. This prime Santa Monica location, North of Wilshire - North of Montana, is second to none when it comes to high-end commercial real estate. The property is 100% vacant allowing a new investor to renovate and create tremendous value both in the aesthetics of the building as well as hand selecting tenants. The property has a unit mix of mostly 2-bedrooms and two 3+2 penthouse units with balconies on both the upstairs and downstairs floors with ocean views. Market rents for 2+1 units in this location range from $4,300 - $5,200 per month. Due to the property's location of the Northwest end of San Vicente and Ocean Ave, some of the units have Ocean views facing Malibu and the Pacific Palisades. All property tours will be subject to submitting an offer with proof of funds.
MLS® ID:
23-241209
Listed:
2/12/23
Updated:
3/22/23
Side
Eve Capital
Mobile: 424-300-0039Email: lauraalice@evecap.com

Interior Features

Total Bedrooms
48
Total Bathrooms
33
Cooling
None
Heating
None

Exterior/Building Features

Lot Size
1.09 acres lot
Exterior Features
None

Other Property Details

Garage
No
Parking
None
View
N
County
Los Angeles
Pool
No
Zoning
SMR2*

Property History

Date
Event
Price
Value
2/28/23
Price Change
$24,500,000
106%
3/15/23
Active Under Contract
-
-

Courtesy of RE/MAX One, Chase Simonton,
Listing Contact:  

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Eve Capital shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2023 Combined L.A./Westside MLS. All rights reserved.

Data last updated 3/22/23

Side
Eve Capital
Mobile: 424-300-0039Email: lauraalice@evecap.com
Contact