129 San Vicente Blvd is a 4-building trophy asset sitting on a massive 47,262 SF lot overlooking the Pacific Ocean. This prime Santa Monica location, North of Wilshire - North of Montana, is second to none when it comes to high-end commercial real estate. The property is 100% vacant allowing a new investor to renovate and create tremendous value both in the aesthetics of the building as well as hand selecting tenants. The property has a unit mix of mostly 2-bedrooms and two 3+2 penthouse units with balconies on both the upstairs and downstairs floors with ocean views. Market rents for 2+1 units in this location range from $4,300 - $5,200 per month. Due to the property's location of the Northwest end of San Vicente and Ocean Ave, some of the units have Ocean views facing Malibu and the Pacific Palisades. All property tours will be subject to submitting an offer with proof of funds.
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Listing Agent: Chase Simonton
Listing Office: RE/MAX One