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537 San Vicente BoulevardSanta Monica, CA 90402

For Sale

$16,995,000

Smart Buyer Rebate $169,950

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.

Listed by Jonathan Taksa

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License #01366169

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Remax Commercial and Investment Realty

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424-672-8220

Last updated January 28, 2026

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Source: CRMLS #26640487

Listing Facts

  • TypeMulti-family
  • NeighborhoodNorth of Montana
  • Bedrooms47
  • Days on Prevu10
  • Size40,412 sqft
  • Price per sqft$421

Amenities

  • Dishwasher
  • Parking

Location

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Listing History

01/20/2026
Listed by Remax Commercial and Investment Realty
$16,995,000

Property Details for 537 San Vicente Boulevard

Exterior

Construction

  • Number Of Units Total: 33
  • Stories: 1
  • Stories Total: 3
  • Year Built: 1957

Measurements

  • Building Area Total: 40,412
  • Lot Size Acres: 0.50
  • Lot Size Area: 22,157
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 22,157
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.65
  • Gross Income: $1,242,642.00

Taxes

  • Parcel Number: 4293001018

Interior

Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator

Measurements

  • Living Area: 40,412
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 47
  • Bedrooms Total: 47

Parking

Parking

  • Attached Garage: Yes
  • Parking Features: Assigned, Gated
  • Parking Total: 33

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Electric, Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 47 bedrooms in this multi-family home at 537 San Vicente Boulevard.

Does this multi-family home have parking?

Yes, there are 33 parking spaces available for 537 San Vicente Boulevard.

How does 537 San Vicente Boulevard compare to other multi-family homes in North of Montana?

This multi-family home is listed 10% below the average price for multi-family homes in North of Montana and has been on the market for 57 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 40,412 sqft.

537 San Vicente Boulevard is a 47-bedroom multi-family home for sale in Santa Monica CA 90402. Listed on Prevu for 10 days at $16,995,000. This home features 40,412 square feet of living space, located in North of Montana. The median listing price for multi-family homes in this area is $4,124,500. Additional amenities include dishwasher and parking. Browse more multi-family home listings in Santa Monica.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.