2408 Ocean Park Boulevard

Santa Monica, CA 90405

PRICE REDUCED

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-$175,000 (-4.22%)

$3,975,000

List Price

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bed Beds

shower Baths

6,160 sqft

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1961

calendar_month Built

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.

Listing Information

List Price $3,975,000
Status Active
MLS 24399279
Type Residential Income
Year Built 1961
Lot Size 6,408
Structure Size 6,160
DOM 49
Courtesy Of Vision Realty, Inc.
Listing Agent Harvey Stern DRE#00803808

Interior Features

Laundry Information
Location(s) Common Area
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Harvey Stern, Vision Realty, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 17th, 2024 at 11:29 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.