2408 Ocean Park BLVD Active

Santa Monica,CA 90405

$ 3875000

0 Bed

0 Bath

6160 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,160 sqft

Price per Sqft $629

MLS Listing ID 24399279

Year Built 1961

Lot Size 6,407 Sqft

Property Description

Major changes! Updated 10-unit building in Santa Monica. This is a prime location close to everything. Restaurants, ocean and all the west side has to offer. Previously owner kept seven units vacant in order to remodel. There are now eight leased and applications submitted. The building has just been painted, dual-pane windows have been installed, and a new roof. The building has been repiped and had a lot of new electrical. The soft story retrofit work and earthquake valves are completed. Eight of the units have now been remodeled. Most of the kitchens have new cabinets, counters, sinks, faucets and appliances. Some have new tile and all units are freshly painted. Several units have received new flooring. Most of the bathrooms have had total or partial remodels. There is covered parking for 10 cars and a coin operated washer dryer fully owned. This is one of the best priced buildings in Santa Monica with a great cap rate.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR3*

Interior

Heating Wall Furnace

Cooling None

Laundry Common Area

Exterior

Parking Features Covered

Building

Story 2

Sewer Other

New Construction No

Others

Special Listing Condition Standard

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