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!
Property Details
Price:
$3,975,000
MLS #:
ML81979035
Status:
Active
Baths:
0
Address:
2408 Ocean Park Boulevard
Type:
Commercial
City:
Santa Monica
Listed Date:
Sep 4, 2024
State:
CA
ZIP:
90405
Year Built:
1961
Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Parking Spots
0.00
Financial
Map
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Courtesy of David Lyng Real Estate. 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 BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA 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 2024. California Regional Multiple Listing Service. All rights reserved.
2408 Ocean Park Boulevard
Santa Monica, CA
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