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.
FIRST TIME ON THE MARKET IN OVER 20 YEARS! We are pleased to present the opportunity to acquire a turn-key, 7 unit apartment property in one of the most sought after parts of Pasadena. Currently this is the only property, larger than five units, that is available to purchase South of Colorado Blvd. The meticulously…
Introducing an extraordinary urban retreat nestled in the vibrant heart of Sawtelle! This exceptional property comprises two free-standing homes on a corner lot. The front residence, built in 1921, features 2 bedrooms, 1 bathroom, a versatile den and a sunroom. This home offers an in-unit washer/dryer, hardwood floors, and a recently upgraded bathroom. The convenient…
Realty Investment Advisors proudly presents 1548 New Avenue, a 10-unit apartment building nestled in prime San Gabriel. Located just three lots from the intersection of Valley Blvd and New Avenue, this property offers unparalleled convenience, being directly across from 168 Market, CVS, Valley Square, and an array of amenities. Along Valley Blvd, you’ll find the…
Realty Investment Advisors is pleased to present 841 & 845 Arcadia Avenue, an exceptional 15-unit property located in prime Arcadia. Situated on a huge 37,444 square foot lot zoned R3, this property boasts an impressive 139 feet of street frontage, presenting an unparalleled opportunity for redevelopment. Under the care of a long-term owner, this property…
Realty Investment Advisors is pleased to present the sale of 15 W Newman Avenue, an exquisite fourplex nestled in the heart of Arcadia. This property comprises of all two-bedroom, one-bath units, offering a unique opportunity for a buyer to live in one unit while having the other three tenants help pay your mortgage!! With a…
Realty Investment Advisors is proud to present 1296 South Citrus Avenue, a prime 6 unit investment opportunity in the coveted Mid-Wilshire submarket! This property, boasting 1927 construction, offers a unique blend of vintage charm and modern potential. Situated on a spacious 7,052 square foot corner lot, the subject property features six generously sized one-bedroom, one-bathroom…
Realty Investment Advisors is pleased to introduce for sale 540 N. Orlando, a 17-unit property in the heart of West Hollywood. Offering large unit types in a prime location with walkable retail and dining options, the building consists of an ideal unit mix of (1) 3 bedroom 2 bath unit, (11) two bedroom 2 bath…
Realty Investment Advisors is proud to present a rare opportunity for a developer to acquire an 85-unit, seven-story development project situated in the vibrant Westlake district, just minutes away from Downtown Los Angeles. This remarkable offering encompasses three assembled lots, totaling 19,896 square feet of prime land. The proposed development spans an impressive 64,309 square…
We are delighted to present an exceptional, fully vacant eight-unit property in the thriving Westchester neighborhood of Los Angeles. This unique investment opportunity, sprawled across a double-wide lot, consists of two spacious three-bedroom one bath units and six two-bedroom one units, perfect for transformation into high-quality living spaces. Along with its potential for renovation, the…
Realty Investment Advisors presents 1427 15th Street, a 10 unit apartment building in Santa Monica. Eight of the 10 units are deed-restricted to 30% AMI affordability, limiting rent levels on those 8 units to $757 for 1 bedroom units and $898 for 2 bedroom units. However, unit 4 (2 bed 2 bath) and unit 10…