1802 Ocean Park Blvd, Santa Monica, CA 90405
7 Unit Apartment Building | $3,450,000 ($492,857/Unit) | 5.66% Cap Rate | Santa Monica, CA 90405
For Sale
Active
Asking Price $3,450,000
- Property Type
-
Multifamily
- Square Feet
- 5,968 SF
Listing Contacts
Tim Byrne
Property Overview
1802 Ocean Park Blvd, located in the Sunset Park neighborhood of Santa Monica is a pride of ownership seven-unit, 5,968 sq. ft., apartment building situated on a 6,905 sq. ft., lot zoned SMR3 built in 1949. The property consists of (4), 2 bedrooms, 1 bath unit located in the front building. Each unit has a spacious kitchen, washer dryer hook-ups and access to a rear service patio. The rear building consists of (2), 2 bedrooms, 1 bath units on the 2nd floor with (1), 1 bedroom, 1 bath until on the 1st floor. The building will be delivered with 5 units VACANT. The building has 6 parking garages of which 5 are currently rented.
With its well-maintained exterior and stylish landscaped surroundings this building has great curb appeal which adds to the overall value of the property.
The building’s prime location adjacent to Sunset Park Village offers access to a great list of amenities including top-rated schools, trendy dining options, boutique shopping, parks, and recreation areas, making it an ideal choice for tenants seeking a Southern California lifestyle. To name a few great shops and restaurants there is: Local Kitchen & Wine Bar, Thyme Café & Market, Brook Rod, Bob’s Market, Love Coffee, Handel’s Ice Cream and Santa Monica Yoga. The educational school include, Little Dolphin Preschool, Will Rogers Elementary, John Adams Middle School, and Santa Monica City College
Broker does not guarantee the accuracy of the information provided. The buyer is advised to independently verify the accuracy of this information Property is sold in Its As-Is, Where-is Condition. This is a Trust Sale and is subject to a confirmation vote of the beneficiaries.
With its well-maintained exterior and stylish landscaped surroundings this building has great curb appeal which adds to the overall value of the property.
The building’s prime location adjacent to Sunset Park Village offers access to a great list of amenities including top-rated schools, trendy dining options, boutique shopping, parks, and recreation areas, making it an ideal choice for tenants seeking a Southern California lifestyle. To name a few great shops and restaurants there is: Local Kitchen & Wine Bar, Thyme Café & Market, Brook Rod, Bob’s Market, Love Coffee, Handel’s Ice Cream and Santa Monica Yoga. The educational school include, Little Dolphin Preschool, Will Rogers Elementary, John Adams Middle School, and Santa Monica City College
Broker does not guarantee the accuracy of the information provided. The buyer is advised to independently verify the accuracy of this information Property is sold in Its As-Is, Where-is Condition. This is a Trust Sale and is subject to a confirmation vote of the beneficiaries.
Property Details
- Class
- C
- Year Built
- 1949
- Stories
- 2
- Lot Size (sq. ft)
- 6,970 SF
- Units
- 7
Highlights
- 5 Units Delivered Vacant
- Ideal Candidate for Garage to ADU's
- Sharpe Curb Appeal - Adjacent to Sunset Park Village - Santa Monica
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