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Property Description

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 present owner kept seven units vacant in order to remodel them but is just starting to rent them. 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 installed new earthquake valves. Seven of the units have just been remodeled. 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. The units will have new appliances installed as three additional units are currently being done. Seven units are vacant and can be rented at market price according to the city of Santa Monica. That process has begun. 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.

Features
: Wall Furnace
2
: Community
0
Additional Information
Vision Realty, Inc.
0
CLW-X13064
CLW-X70686
Harvey
4272023031
: Standard
Two
32

Multi-Family For Sale

2408 Ocean Park Boulevard, Santa Monica, California 90405

6,160 Sqft
$3,975,000
Listing ID #24399279
Basic Details
Status : Active
DaysOnMarket : 49
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24399279
Price : $3,975,000
Living Area : 6,160 Sqft
Lot Size : 6,408 Sqft
Year Built : 1961
Country : US
State : California
County : Los Angeles
City : Santa Monica
Zipcode : 90405
Price Per Square Foot : $645
ModificationTimestamp : 2024-09-17 16:28:33
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