2408 Ocean Park Boulevard, Santa Monica, CA 90405
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- MLS#: ML81979035 ( )
- Street Address: 2408 Ocean Park Boulevard
- Viewed: 1
- Price: $3,875,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1961
- Bldg sqft: 0
- Days On Market: 186
- Additional Information
- County: LOS ANGELES
- City: Santa Monica
- Zipcode: 90405
- Provided by: David Lyng Real Estate
- Contact: Paul Paul
- DMCA Notice
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DescriptionMajor 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. 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. Eight of the units have just been remodeled, 1 units is 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. Most of the units have new appliances installed. There is covered parking for 10 cars. There is a new washer and dryer on the premises that is fully owned. The owner has invested a lot of money over the last two years. The vacancy and expenses are estimated as the building has been in the remodeling phase for almost two years. One of the best priced buildings in Santa Monica with a great CAP rate.
Property Location and Similar Properties
Features
Building Area Total
- 6160.00
Carport Spaces
- 10.00
Cooling
- None
Heating
- Wall Furnace
Insurance Expense
- 13300.00
Otherexpense
- 0.00
Parcel Number
- 4272023031
Totalexpenses
- 62045.00
Trash Expense
- 0.00
Virtual Tour Url
- https://www.tourfactory.com/idxr3170422
Year Built
- 1961
Year Built Source
- Assessor
Zoning
- SMR3*