2408 Ocean Park Boulevard

Santa Monica, CA 90405

PRICE REDUCED

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-$100,000 (-2.52%)

$3,875,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1961

calendar_month Built

Property Description

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!

Listing Information

List Price $3,875,000
Status Active
MLS ML81979035
HOA $0
Type Commercial
Year Built 1961
Lot Size 6,408
Structure Size N/A
DOM 124
Courtesy Of David Lyng Real Estate
Listing Agent Paul Burrowes DRE#01955563

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Paul Burrowes, David Lyng Real Estate 408-497-3989. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 6th, 2025 at 6:54 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.