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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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537 San Vicente Boulevard, Santa Monica – $17,500,000

  • 3 Beds
  • 3 Baths
  • 40,412 Sqft
  • .51 Acres
  • 3 Beds
  • 3 Baths
  • 40,412 Sqft
  • .51 Acres

537 San Vicente Boulevard

INCREDIBLE NEW PRICING - NOW PRICED TO SELL. 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 wrap around 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.

Essential Information

  • MLS® #24419953
  • Price$17,500,000
  • Bedrooms3
  • Bathrooms3.00
  • Square Footage40,412
  • Acres0.51
  • Year Built1957
  • TypeResidential Income
  • StatusActive

Community Information

  • Address537 San Vicente Boulevard
  • AreaC14 - Santa Monica
  • CitySanta Monica
  • CountyLos Angeles
  • Zip Code90402

Amenities

  • Parking Spaces33
  • ParkingAssigned, Underground
  • GaragesAssigned, Underground

Interior

  • HeatingWall Furnace
  • CoolingWall/Window Unit(s)
  • # of Stories3
  • StoriesOne

Additional Information

  • Date ListedJuly 25th, 2024
  • Days on Market371
  • ZoningSMR2*

Listing Details

  • AgentJonathan Taksa

Office

Remax Commercial and Investment Realty

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Price Change History for 537 San Vicente Boulevard, Santa Monica, (MLS® #24419953)

Date Details Change
Price Reduced from $18,950,000 to $17,500,000 $1,450,000 (7.65%)
Price Reduced from $21,995,000 to $18,950,000 $3,045,000 (13.84%)
Price Reduced from $23,295,000 to $21,995,000 $1,300,000 (5.58%)

Jonathan Taksa, Remax Commercial and Investment Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of September 21st, 2025 at 9:30pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.