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$3,975,000
Est. payment /mo
6,407 Sqft Lot
Active
2408 Ocean Park BLVD Santa Monica, CA 90405
UPDATED:
10/30/2024 06:58 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81979035
HOA Y/N No
Year Built 1961
Annual Tax Amount $46,935
Lot Size 6,407 Sqft
Property Description
UPDATED 10-UNIT BUILDING IN SANTA MONICA This property has been completely renovated with new stucco. Prime Santa Monica Location. Close to restaurants and the beach. 7 vacant units available for rental at market price. Covered parking for 10 cars. Washer and dryer on premises. New renovations including: Freshly painted building with dual-pane windows. New roof within the last two years. New plumbing and electrical work. New earthquake valves and soft story retrofit work. New cabinets, counters, sinks, and faucets in most units. Some units have new tile, and all are freshly painted. Most bathrooms have had total or partial remodels.New appliances in 7 units. Several units have been rented are other units are currently being made available for rent. Pro-forma CAP Rate over 5!
Location
State CA
County Los Angeles
Zoning SMR3*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 10
Schools
School District Santa Monica-Malibu Unified
Others
Tax ID 4272023031
Special Listing Condition Standard
Listed by Paul Burrowes • David Lyng Real Estate