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Mixed-Use

519-525 Santa Monica Blvd

519-525 Santa Monica Blvd, Santa Monica, CA 90401

Listing Price: $32,900,000

Cap Rate
4.89%
Number of Units
40
Occupancy
93.0%
Price/Unit
$822,500
Price/Gross SF
$621.29
Gross SF
52,954

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire 519-525 Santa Monica Blvd, a 40-unit and 8,789 SF retail investment opportunity located in the 90401 zip code of Santa Monica, a submarket of Los Angeles, CA.

Investment Highlights

  • A diverse unit mix with 23 one-bedroom/one-bath and 17 two-bedroom/two-bath apartments, complemented by 8,789 SF of retail space, providing income stability and downside protection across market cycle
  • Units feature a private balcony, providing residents with outdoor living space, natural light, and elevated views, boosting both desirability and potential rental income.
  • Institutional-quality, Class A property in one of Southern California's most supply-constrained and high-barrier coastal markets.
  • Steps from transit, retail, dining, and major lifestyle amenities that consistently drive tenant demand and long-term rent growth.
  • Newer build with efficient layouts, secure access, and contemporary finishes that attract high-income renters and support premium pricing.
  • Each unit is equipped with a washer and a dryer: With Santa Monica's active, professional tenant base, in-unit laundry is a highly sought-after amenity that enhances daily convenience and supports stronger tenant retention.

Exclusively Listed By

Mixed-Use

519-525 Santa Monica Blvd

Listing Price: $32,900,000

Cap Rate
4.89%
Number of Units
40
Occupancy
93.0%
Price/Unit
$822,500
Price/Gross SF
$621.29
Gross SF
52,954

Investment Highlights

  • A diverse unit mix with 23 one-bedroom/one-bath and 17 two-bedroom/two-bath apartments, complemented by 8,789 SF of retail space, providing income stability and downside protection across market cycle
  • Units feature a private balcony, providing residents with outdoor living space, natural light, and elevated views, boosting both desirability and potential rental income.
  • Institutional-quality, Class A property in one of Southern California's most supply-constrained and high-barrier coastal markets.
  • Steps from transit, retail, dining, and major lifestyle amenities that consistently drive tenant demand and long-term rent growth.
  • Newer build with efficient layouts, secure access, and contemporary finishes that attract high-income renters and support premium pricing.
  • Each unit is equipped with a washer and a dryer: With Santa Monica's active, professional tenant base, in-unit laundry is a highly sought-after amenity that enhances daily convenience and supports stronger tenant retention.

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire 519-525 Santa Monica Blvd, a 40-unit and 8,789 SF retail investment opportunity located in the 90401 zip code of Santa Monica, a submarket of Los Angeles, CA.

Exclusively Listed By

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