2408 Ocean Park Boulevard
Santa Monica, CA, 90405
$3,875,000
Beds
0 Baths
SqFt
0.15 Acres
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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.

Property Details

Price:
$3,875,000
MLS #:
24399279
Status:
Active
Baths:
0
Address:
2408 Ocean Park Boulevard
Type:
Residential Income
Neighborhood:
c14santamonica
City:
Santa Monica
Listed Date:
Jul 30, 2024
State:
CA
ZIP:
90405
Lot Size:
6,408 sqft / 0.15 acres (approx)
Year Built:
1961
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Interior

Appliances
None
Cooling
None
Heating
Wall Furnace
Window Features
Double Pane Windows

Exterior

Parking Features
Covered
Parking Spots
10.00
Sewer
Other
Stories Total
2

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Tenant Pays
Electricity

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2408 Ocean Park Boulevard
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