2408 Ocean Park Boulevard Active

Santa Monica,CA 90405

$ 3875000

- Bed

- Bath

6160 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,160 sqft

Price per Sqft $629

MLS Listing ID ML81979035

Year Built 1961

Lot Size 6,408 Sqft

Property Description

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. 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. For access and showings call Harvey Stern 310 741-3636.

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling None

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