Active

2408 Ocean Park Boulevard

Santa Monica CA, 90405

$3,975,000


$645.29 per sqft

Active

6,160 sqft

Commercial

Built in 1961

Listed by Paul Burrowes with David Lyng Real Estate 408-497-3989

UPDATED 10-UNIT BUILDING IN SANTA MONICA 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. The building has just been painted, dual-pane windows have been installed, and a new roof within the last two years, The building has been repiped and had a lot of new electrical done. The building has completed the soft story retrofit work and had new earthquake valves installed. Seven of the units have just been remodeled, 2 units are vacant and being advertised. Most of the kitchens have new cabinets, counters, sinks, and faucets. 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. Three of the units have new appliances installed. The buyer should verify and double-check that information with the City. There is covered parking for 10 cars. The building will need window coverings in the seven units and appliances in four of the remodeled units. For access and showings call Harvey Stern 310 741-3636. Pro-forma CAP Rate over 5!

ML81979035

MLS ID

September 4, 2024

Listed

December 16, 2024

Updated

Map

2408 Ocean Park Boulevard
Santa Monica CA, 90405

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.15 Acres

School Information

School District

Santa Monica-Malibu Unified

Other Property Details

Taxes

$46,935


Tax Frequency

Annually


Days on Market

96


Garage

No


Parking Total

0


View

No


County

Los Angeles


Pool

No


Zoning

SMR3*

Listing History

Date

Event

Price

9/6/2024

Price change

$3,975,000

-5%

Listing Contact: (831) 438-5700 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/16/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/16/2024 at 1:12 AM UTC

 

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