1811 Ocean Park Blvd new Save Request In-Person Tour Request Virtual Tour
Santa Monica,CA 90405
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,454 sqft
Price per Sqft $564
MLS Listing ID 25581277
Year Built 1949
Lot Size 5,795 Sqft
Acres 0.133
Property Sub-Type Multi-Family
Property Description
This is a value add investment opportunity in a great location. The property features a mix of studios and a 2-bedroom unit with abundant outdoor space and on-site parking. As an investment, the property offers investors an incredible value add opportunity. With approximately 20% upside in rents, an investor can implement a strategic interior and exterior renovation with the goal of increasing rents and taking advantage of the strength of the Santa Monica market. A detached garage provides excellent potential to create an ADU. The property also features coin operated laundry on-sire.
Location
State CA
County Los Angeles
Area Santa Monica
Zoning SMR3*
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall/Window
Equipment Range/Oven, Refrigerator
Exterior
Parking Features Garage - 2 Car, Uncovered
Garage Spaces 6.0
Building
Story 2
Level or Stories One
Others
Special Listing Condition Standard