Santa Monica, CA 90405,1811 Ocean Park Blvd
Santa Monica, CA 90405,1811 Ocean Park Blvd
Santa Monica, CA 90405,1811 Ocean Park Blvd
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$1,950,000
Est. payment /mo
3,454 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

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


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TheMLS (CLAW)
Listed by Kidder Mathews of California, Inc.

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Ron Taibi

Ron Taibi

+1(661) 212-1135

Agent | License ID: 01240158

Agent License ID: 01240158

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