- Summary
- Location
- Amenities
Realty Investment Advisors is proud to present a unique acquisition opportunity at 605 San Vicente Boulevard, Santa Monica, California. This 30-unit multifamily property presents an unparalleled value-add proposition set within a landscape abundant in luxury and accessibility.
Built in 1973, the property boasts a total of 30 units, with 9 currently vacant and presenting a unique opportunity. Featuring a 41,832 square foot building on a 22,318 square foot lot, the unit mix is ideal with (12) two bedroom two bath units, (12) one bedroom one bath units and (6) two bedroom two bath units with an additional den. This sets the stage for discerning investors to rejuvenate a generational asset within one of Los Angeles’ high-demand rental markets, unlocking the potential for commanding premium rents. As Los Angeles continues to flourish in this dynamic era, there is a noticeable uptick in the appetite for upscale beachside apartment living. Six of the property’s 30 units have already been elegantly upgraded to embody opulence, with features like superior finishes, cutting-edge appliances, in-unit washer and dryer, recessed lighting, and remodeled kitchens and bathrooms.
This gem in the heart of Northern Santa Monica is situated amid a dynamic blend of premier job opportunities, high-end shopping venues, gourmet dining, lively bars, diverse entertainment, and seamless transportation networks. Merely a leisurely stroll from the radiant Santa Monica beach and nestled comfortably between the plush Montana Avenue and Pacific Palisades neighborhoods, 605 San Vicente Boulevard epitomizes the Santa Monica lifestyle. The property, located within Silicon Beach’s thriving tech sphere, counts industry heavyweights like Snapchat, Hulu, and HBO among its neighbors.
The communal rec room holds the potential for the introduction of community amenities such as a gym or a business center, or even transformation into an Accessory Dwelling Unit (ADU) for added revenue. Residents will compete for a place in this sanctuary, where they will enjoy luxury living spaces and a tranquil oasis in LA’s most sought-after neighborhood. With its unparalleled location and untapped earning potential, 605 San Vicente Boulevard promises investors long-term, robust returns. Investing in this property translates to investing in an idyllic Santa Monica lifestyle.
- A 30-unit housing community with its own gated, ground-level parking.
- Spacious living with each unit averaging a generous 1,200 square feet.
- Six apartments have been exquisitely remodeled with top-tier stainless steel appliances, stylish quartz countertops, in-unit laundry facilities, modern mini-split HVAC systems, new cabinetry, chic finishes, and spacious walk-in closets.
- Nine units are vacant, five of which are primed for renovation. An immediate chance for the new owner to step in, upgrade, and command top dollar rents.
- Large potential rental growth is in sight with ongoing improvements as units turn over.
- The communal space, currently a rec room, brimming with opportunity. Transform into a state-of-the-art gym, a swanky business center, or a bustling community room. Or consider converting to an Accessory Dwelling Unit (ADU) for an extra revenue stream.
Current Listings
5 FULLY RENOVATED UNITS IN PRIME PALMS
10714 Charnock Road- 5 Fully Renovated Units in Prime Palms *CALL FOR OFFERS! NOW TOURING!* Realty Investment Advisors presents 10714 Charnock Road, a fully renovated five unit bungalow-style apartment community positioned in one of the most desirable pockets of the Palms and Culver City corridor offered at a 6.05% CURRENT CAP RATE. Completed in 2024,…
Read More
5 UNITS | HERMOSA BEACH
Welcome to this exceptional investment opportunity in the highly desirable Hermosa Beach sand section! This high income producing was meticulously renovated with no expense spared. All five units feature in-unit washer/dryers, brand new dual-pane windows, beautiful modern entry doors, recessed lighting and luxury vinyl plank flooring throughout. Gorgeous top of the line finishes in all…
Read More
10 UNITS | WEST LA | 2001 CONSTRUCTION
Realty Investment Advisors is pleased to present 1625 S Butler Avenue, a rare opportunity to acquire a 2001 construction multifamily asset in the heart of West Los Angeles. Priced at only $391 per square foot, this property combines desirable unit layouts, modern amenities, and a highly sought-after location, making it an exceptional long-term investment. With…
Read More
Bellflower Auto Repair (Land + Business), Office and SFR
First time on the market in over 20 years. Two side-by-side Bellflower assets offered together or individually: 15111 Clark Ave – Auto Repair (Land + Business) • ±1,170 SF building on ±12,878 SF lot (0.30 AC) • BFCG zoning – Bellflower General Commercial • Asking Price: $2,500,000 • Includes established auto repair business and real…
Read More
34 UNIT MOBILE HOME PARK + GROCERY MARKET | TORRANCE
34-Unit Mobile Home Park with Grocery Market | Strong Cash Flow & Redevelopment Potential Realty Investment Advisors is pleased to present 20340 Harvard Blvd, a rare opportunity to acquire a stabilized, cash-flowing 34-unit mobile home park with an additional 1,750 SF grocery market. Strategically located in Torrance PO within the City of Los Angeles, the…
Read More
22 UNITS | PASADENA
TURN-KEY, FULLY UPDATED PROPERTY!! Rarity of 22 units, South of Del Mar Blvd. at $267K per unit and 5.34% Cap Rate and METICULOUSLY MAINTAINED…Turn-Key Investment just north of San Marino border. The property features updated windows, electrical and plumbing systems, newer roof, refreshed landscaping, and secured gated parking, offering a low-maintenance profile for investors seeking…
Read More
THREE TENANT RETAIL CENTER GLASSELL PARK
Three Tenant Retail Center: Chevron, EZ Stop Liquor, and The Heights Deli & Bottle Shop 2 All tenants have 3-5% annual rent increases 5% in place cap rate Chevron gas station has about 5 years remaining on the lease agreement and fuel supply agreement EZStop Liquor and The Heights Deli both feature renewal options
Read More
GAS STATION | AGOURA HILLS
Unbranded Gas Station – Land & Business Sale Fuel Volume (2025): ~70,000 gallons/month at $1+ margin Mart Sales (2025): ~$85,000/month (includes ~$50,000 in lotto) Lot Size: ~26,000 SF across two parcels Expansion Potential: Room to expand the c-store and add a car wash Prime Location: Excellent visibility and access just off the 101 Freeway
Read More
8 UNITS | SILVER LAKE
• 8-Unit Apartment Community in Prime Silver Lake • Offered at a Current 5.43% Cap Rate • 7 of 8 Units Fully Renovated or Newly Constructed in 2023 • Two New-Construction Units NOT Subject to Rent Control • Modern Unit Interiors with High-End Finishes and In-Unit Laundry • Major Systems Replaced: Electrical, Plumbing, Drain Lines, Windows, Doors • Three-Building Layout with Smooth Stucco Exteriors • Two Buildings with New Roofs • 7 On-Site Parking Spaces • Exceptional Location Near Silver Lake Reservoir and Sunset Boulevard
Read More
12 UNITS | WESTCHESTER | 7.00% CAP RATE
• True 7.00% cap rate on current in-place income • Sub-10 GRM (9.95x) in prime Westchester pocket • 12 units on a rare double lot • Two side-by-side parcels under single ownership • Comprehensive 2025 property-wide redevelopment • Four newly constructed units delivered in 2025 • All major systems replaced or upgraded, no near-term capex • In-unit washers and dryers throughout • Desirable unit mix: 8 two-bedroom, 4 three-bedroom • Quiet tree-lined street near Loyola Marymount University, Playa Vista, LAX
Read More