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Multifamily Property with Pool Parking
For Sale
$15,895,000

537 San Vicente Blvd, Santa Monica, CA 90402

1957 multifamily asset offering spacious 1- and 2-bedroom units, on-site laundry, pool, and parking for 33 cars.

Property SizeContact for details
Days on Market195

Property Features for 537 San Vicente Blvd

General Information

Standard status Active
Total Parking Spaces 33
Property subtype MULTI_FAMILY

Additional Details

Business Included Yes
Multifamily Units 33

Building Details

Year Built 1957
Tenancy Multi
Listing Agency: Remax Commercial and Investment Realty
Listed By: Jonathan Taksa
Source: Frontgaterealestate
Added: Jan 20 Changed: Jul 10 Last Checked: Aug 3 at 11:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Remax Commercial and Investment Realty

Investment Insights

Based on property information with market context.

Built in 1957, this multifamily property features an all-large 1- and 2-bedroom unit mix designed around spacious floor plans and abundant natural light. The configuration includes (19) 1 bed, 1 bath units and (14) 2 bed, 2 bath units. Community amenities include an on-site laundry facility and a pool.

The property is located on San Vicente Blvd. in Santa Monica and is described as a quick walk to Montana Avenue and the beach. On-site parking is available for 33 cars, along with a wraparound driveway that supports additional parking.

For investors and operators seeking a turnkey residential income asset, the strong unit mix provides a straightforward product set of larger 1- and 2-bedroom layouts. The combination of on-site laundry, pool, and substantial parking supports day-to-day resident convenience, while the overall building design and unit configuration are intended to maximize comfort within the existing residential offering.

Key Highlights

  • Multifamily property built in 1957 offering an all‑large 1- and 2‑bedroom unit mix
  • Unit mix includes (19) 1 bed / 1 bath units and (14) 2 bed / 2 bath units
  • On‑site parking for 33 cars plus a wraparound driveway for additional parking

Property Analytics

Current Use

The YogAbility Institute Gym & Fitness Center YogAbility Institute Gym & Fitness Center

Suggested Use

Top Pick Food Market Auto Repair Shop Nail Salon Daycare Center Grocery & Convenience Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

33
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

545
Businesses Nearby

Demographics for 90402, CA

12,295
Population
5,731
Households
2.1
Avg Household Size
50
Median Age
79%
College-Educated
97%
High-School Grad
2.0 sq mi
ZIP Area
6,148
Density / Sq Mi
$182,688
Median Household Income
$100,225
Median Earnings
$2,698
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 1957 multifamily asset offering spacious 1- and 2-bedroom units, on-site laundry, pool, and parking for 33 cars.
Where is this apartment building located?
The property is located at 537 San Vicente Blvd Santa Monica, CA.
What is the asking price?
The asking price for this property is $15,895,000.
What are key features of this property?
This property features: Multifamily property built in 1957 offering an all‑large 1- and 2‑bedroom unit mix; Unit mix includes (19) 1 bed / 1 bath units and (14) 2 bed / 2 bath units; On‑site parking for 33 cars plus a wraparound driveway for additional parking
More about this property
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