HUGE PRICE REDUCTION! 326 San Vicente Blvd. is a prestigious investment opportunity located in the heart of LA's famed beach city of Santa Monica. Originally built in 1956, the building boasts an incredibly rare unit mix consisting of all extremely large 2-bedroom 2 bath units. Each of these units are extremely spacious and have a terrific floor plan. The property is situated on a massive half acre corner lot; thus, all units offer an abundance of natural light. There is HUGE rental upside, as current rents hover around $2.08/SF. Additionally, there is parking for all units as well as an on-site laundry facility. All units look out to a serene and beautifully landscaped courtyard, and residents enjoy being walking distance to Montana Avenue and the beach. This is a fantastic trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. 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.
Property Details
Property Features
Property Information:
Year Built: 1956
Stories: 2
Living Area: 23,098 SqFt
Listing Office:
Office Name: Remax Commercial and Investment Realty
Office Phone: (213) 817-1000
Listing Agent: Jonathan Taksa
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 34
Exterior Features
Parking Information:
Parking: Assigned
Lot Features
Lot Information:
Lot Size: 0.57 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Other
Directions Information:
Directions: Just East of prestigious Ocean Avenue. Corner of 4th Street.
Price Information
Listing Price Info
Price Summary:
List Price: $9,995,000
Price Per SqFt: $433/SqFt
Tax Information:
Annual Amount: $105,166
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Santa Monica, CA.
This property is $8.1M more than the Median Sold Price and $673/SqFt less than other homes in Santa Monica, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24389477
Listing Office:
Office Name: Remax Commercial and Investment Realty
Office Phone: (213) 817-1000
Listing Agent: Jonathan Taksa
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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 5:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 20, 2012
Apr 20, 2012Home Sold
$7,500,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$105,166
$8,706,016
2020
$103,450
$8,613,778
2019
$97,156
$8,444,881
2018
$96,739
$8,279,296
2017
$96,739
$8,116,958
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$49.9K
Per Month
Principal & Interest
$49.8K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$30K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Canyon Charter Elementary
421 Entrada Dr
Distance between this listing and this school0.21 miles
Public Charter Grades KG-5
7
/10
Roosevelt Elementary School
801 Montana Ave
Distance between this listing and this school0.58 miles
Public District Grades KG-5
8
/10
Palisades Charter Elementary
800 Via De La Paz
Distance between this listing and this school1.48 miles
Public Charter Grades KG-5
Nearby Schools
8
/10
Lincoln Middle School
1501 CA Ave
Distance between this listing and this school1.22 miles
Public District Grades 6-8
7
/10
Paul Revere Charter School
1450 Allenford Ave
Distance between this listing and this school2.11 miles
Public Charter Grades 6-8
9
/10
Santa Monica Alternative (K-8)
2525 5th St
Distance between this listing and this school2.37 miles
Public District Grades KG-8
Nearby Schools
8
/10
Palisades Charter High School
15777 Bowdoin St
Distance between this listing and this school1.74 miles
Public Charter Grades 9-12
9
/10
Santa Monica High School
601 Pico Blvd
Distance between this listing and this school1.88 miles
Public District Grades 9-12
2
/10
Olympic High (Continuation)
721 Ocean Park Blvd
Distance between this listing and this school2.46 miles
The neighbors living near this home have an average income of $89,052. The majority of Santa Monica, CA residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 326 San Vicente Blvd
What is the listing price of this property?
The listing price of 326 San Vicente Blvd property is $9,995,000.
What type of property is this?
The property 326 San Vicente Blvd is a house located in Santa Monica, California, 90402.
Is this property for sale now?
Active Listing: 326 San Vicente Blvd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $105,166 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 20, 2012 for $7,500,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 326 San Vicente Blvd has 34 bedrooms and 34 bathrooms.
What is the square footage of this property?
The property 326 San Vicente Blvd is 23,098 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 326 San Vicente Blvd is 1956.
Interested in 326 San Vicente Blvd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 326 San Vicente Blvd in Santa Monica, CA and zip code 90402 in the North of Montana neighborhood. This 23,098 square foot home, which was built in 1956, sits on a 0.57 acre lot. Features: 34 bedrooms, 34 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $9,995,000.
Over 22 listings were sold over their listed price in October 2024 in Santa Monica, CA. In the same period over 33 listings were sold below the listed price and 7 listings were sold for the listed price. The inventory of homes for sale in Santa Monica, CA between September 2024 and October 2024 increased by 14%. In October 2024 median list price was $1,840,000 and the average listing age was 41 days.
From Rocket Homes Real Estate and based on county public records data.