Ocean Park Boulevard
Santa Monica, California 90405, United States

MLS#: 373292614

$3,975,000 USD

Minimum sellable space
572m² (6,160ft²)
The details

Property features

Date Updated: Dec 19, 2024

Construction details

Year built
1961

Area

Property size
572m² (6,160ft²)
Land/Lot size
595m² (6,408ft²)
Heating system
Wall Furnace

Description

UPDATED 10-UNIT BUILDING IN SANTA MONICA 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. The building has just been painted, dual-pane windows have been installed, and a new roof within the last two years, The building has been repiped and had a lot of new electrical done. The building has completed the soft story retrofit work and had new earthquake valves installed. Seven of the units have just been remodeled, 2 units are vacant and being advertised. Most of the kitchens have new cabinets, counters, sinks, and faucets. 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. Three of the units have new appliances installed. The buyer should verify and double-check that information with the City. There is covered parking for 10 cars. The building will need window coverings in the seven units and appliances in four of the remodeled units. For access and showings call Harvey Stern 310 741-3636. Pro-forma CAP Rate over 5!

Location

Ocean Park Boulevard, Santa Monica, California 90405, United States
map image
Courtesy of Paul Burrowes David Lyng Real Estate