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
See this Listing
Mortgage Calculator
Schools
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
Financial
Tenant Pays
Electricity
Map
Community
- Address2408 Ocean Park Boulevard Santa Monica CA
- AreaC14 – Santa Monica
- CitySanta Monica
- CountyLos Angeles
- Zip Code90405
Similar Listings Nearby
- 1437 9th Street
Santa Monica, CA$5,000,000
1.68 miles away
- 1017 5th Street
Santa Monica, CA$4,995,000
2.31 miles away
- 2626 Cloverfield Boulevard
Santa Monica, CA$4,995,000
0.06 miles away
- 11933 Gorham Avenue
Los Angeles, CA$4,995,000
2.49 miles away
- 3840 Inglewood Boulevard
Los Angeles, CA$4,900,000
1.99 miles away
- 1426 Main Street
Venice, CA$4,875,000
1.98 miles away
- 2026 Federal Avenue
Los Angeles, CA$4,800,000
1.66 miles away
- 2306 3rd Street
Santa Monica, CA$4,750,000
1.60 miles away
- 1421 Greenfield Avenue
Los Angeles, CA$4,640,000
2.65 miles away
- 252 S Reeves Drive
Beverly Hills, CA$4,579,000
4.83 miles away
Courtesy of Vision Realty, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
2408 Ocean Park Boulevard
Santa Monica, CA
LIGHTBOX-IMAGES