The property near Montana Avenue and the beach, including pool and 47 units, is listed at $421 per square foot.
A 47-unit apartment building in Santa Monica’s North of Montana neighborhood has been listed for $16.995 million, according to commercial real estate listings.
The property, located at 537 San Vicente Blvd., was built in 1957 and sits on approximately 0.51 acres. The building totals about 40,412 square feet, placing the asking price at roughly $421 per square foot.
The multifamily complex includes 33 residential units, consisting of 19 one-bedroom, one-bath units and 14 two-bedroom, two-bath units. Marketing materials also reference 47 beds and 47 baths overall. Amenities listed include parking for 33 vehicles, an on-site laundry facility and a swimming pool.
The property is listed by Jonathan Taksa of Remax Commercial and Investment Realty, according to TheMLS. More information can be found at
