537 San Vicente Blvd Santa Monica, CA 90402
North of Montana NeighborhoodEstimated payment $110,821/month
Highlights
- Gated Parking
- 0.51 Acre Lot
- Built-In Features
- Roosevelt Elementary School Rated A+
- 33 Car Attached Garage
- Intercom
About This Home
JUST REDUCED $500,000. 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.
Listing Agent
Remax Commercial and Investment Realty License #01366169 Listed on: 01/20/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1957
Lot Details
- 22,157 Sq Ft Lot
Interior Spaces
- 40,412 Sq Ft Home
- 3-Story Property
- Built-In Features
- Intercom
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 47 Bedrooms
- 47 Bathrooms
Parking
- 33 Car Attached Garage
- Gated Parking
- Assigned Parking
Utilities
- Air Conditioning
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Community Details
- 33 Units
Listing and Financial Details
- Assessor Parcel Number 4293-001-018
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $263,840 | $22,835,153 | $16,224,978 | $6,610,175 |
| 2024 | $263,840 | $22,387,406 | $15,906,842 | $6,480,564 |
| 2023 | $259,699 | $21,948,439 | $15,594,944 | $6,353,495 |
| 2022 | $256,552 | $21,518,078 | $15,289,161 | $6,228,917 |
| 2021 | $250,426 | $21,096,156 | $14,989,374 | $6,106,782 |
| 2019 | $246,375 | $20,472,684 | $14,544,782 | $5,927,902 |
| 2018 | $231,736 | $20,071,304 | $14,259,591 | $5,811,713 |
| 2016 | $223,167 | $19,289,750 | $13,705,875 | $5,583,875 |
| 2015 | $44,746 | $3,580,784 | $1,534,621 | $2,046,163 |
| 2014 | -- | $3,510,642 | $1,504,560 | $2,006,082 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/10/2026 03/10/26 | Price Changed | $16,495,000 | 0.0% | $408 / Sq Ft |
| 01/26/2026 01/26/26 | Price Changed | $2,995 | 0.0% | $4 / Sq Ft |
| 01/20/2026 01/20/26 | For Sale | $16,995,000 | 0.0% | $421 / Sq Ft |
| 10/16/2025 10/16/25 | Price Changed | $3,095 | -3.1% | $4 / Sq Ft |
| 08/15/2025 08/15/25 | Price Changed | $3,195 | -23.8% | $4 / Sq Ft |
| 08/06/2025 08/06/25 | Price Changed | $4,195 | -4.6% | $5 / Sq Ft |
| 07/31/2025 07/31/25 | Price Changed | $4,395 | +4.8% | $5 / Sq Ft |
| 06/10/2025 06/10/25 | Price Changed | $4,195 | +40.1% | $5 / Sq Ft |
| 04/26/2025 04/26/25 | Price Changed | $2,995 | -31.9% | $4 / Sq Ft |
| 04/10/2025 04/10/25 | Price Changed | $4,395 | +44.3% | $5 / Sq Ft |
| 03/27/2025 03/27/25 | Price Changed | $3,045 | -1.6% | $4 / Sq Ft |
| 01/18/2025 01/18/25 | Price Changed | $3,095 | +3.3% | $4 / Sq Ft |
| 10/18/2024 10/18/24 | For Rent | $2,995 | 0.0% | -- |
| 08/08/2023 08/08/23 | For Rent | $2,995 | 0.0% | -- |
| 06/22/2023 06/22/23 | For Rent | $2,995 | 0.0% | -- |
| 06/21/2023 06/21/23 | For Rent | $2,995 | 0.0% | -- |
| 05/19/2023 05/19/23 | Price Changed | $2,995 | -3.2% | $4 / Sq Ft |
| 03/27/2023 03/27/23 | Price Changed | $3,095 | -7.5% | $4 / Sq Ft |
| 03/07/2023 03/07/23 | Price Changed | $3,345 | 0.0% | $4 / Sq Ft |
| 03/07/2023 03/07/23 | For Rent | $3,345 | -2.9% | -- |
| 10/20/2022 10/20/22 | Price Changed | $3,445 | -4.2% | $4 / Sq Ft |
| 07/15/2022 07/15/22 | For Rent | $3,595 | -- | -- |
Source: The MLS
MLS Number: 26640487
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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Ask me questions while you tour the home.