Water Views
Address
129 San Vicente Boulevard Santa Monica, CA
Price
$ 25,000,000
Property Attributes
  • ML#20596344
  • TypeIncome
  • CountyLOS ANGELES
  • CitySanta Monica
  • AreaSanta Monica
  • Zip90402
  • Style
  • Price$ 25,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.08 Acres
Listing Provided Courtesy Of:
Chase Simonton with Keller Williams-Santa Monica
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.

Price History
6/26/2020 Listed $25,000,000

General Features

Co-Listing Agent Last Name Jason
Co-Listing Agent Last Name Flashman
Co-Listing Agent State License # 01841976
Co-listing Agent Jason Flashman - BRE#01841976
Directions Northwest corner of San Vicente Blvd and Ocean Ave. North of Wilshire - North of Montana.
Flooring Wood
Listagentaor Beverly Hills/Greater LA
Listing Agent Chase Simonton - BRE#01766871
Listing Agent State License 01766871
MLS Area C14 - Santa Monica
PropertyCondition Repairs Cosmetic
Security Features Gated Community
Source System CRMLS
Special Listing Conditions Standard
Total Units 28
Zoning SMR2*

Interior Features

Cooling None
Heating Wall Furnace
Heating Y/N Yes
Total Stories 3

Exterior Features

Facing Direction South
Lot Size Acres 1.0800
Lot Size Area 47314.0000
Lot Size Source Assessor
Lot Size Square Feet 47314.00
Lot Size Units Square Feet
Number of Buildings 4
Parking Features Covered
Parking Y/N Yes
View Coastline, Courtyard, Catalina, Ocean

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90402

Price
AVG $16.88M
$25M
Visits
AVG 8
4
Year Built
AVG 1951
1949

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