2408 Ocean Park BLVD Active

Santa Monica,CA 90405

$ 3975000

6 Beds

7 Baths

6160 SqFt


Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,160 sqft

Price per Sqft $645

MLS Listing ID ML81979035

Bedrooms 6

Full Baths 7

Year Built 1961

Lot Size 6,408 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

Exterior

Garage Assigned Spaces

Utilities Available Individual Electric Meters

Roof Type Rolled Composition

Building

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Water On Site

Others

Special Listing Condition Not Applicable

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