Santa Monica, CA 90405 2408 Ocean Park Boulevard

2408 Ocean Park Boulevard Santa Monica, CA - Image 1
Presented By: Harvey Stern with Vision Realty, Inc.;
  • MLS# 24399279
  • 07/31/2024
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  • Baths • 12
  • SQFT • 6,160

Home Details

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.
Presented By: Harvey Stern with Vision Realty, Inc.;

Interior Features for 2408 Ocean Park Boulevard

Bedrooms

Total Bedrooms

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
Window FeaturesDoublePaneWindows

General for 2408 Ocean Park Boulevard

Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.68
Carport Y/NNo
CitySanta Monica
CoolingNone
CountyLos Angeles
Days on Market49
Directions10 to Centinela, South to Ocean Park, West . Ocean Blvd and 23rd Street
DisclosuresRentControl
Entry LocationGround Level - no steps
Full Baths
Garage Y/NNo
Gross Income1.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6408.0
Lot Size UnitsSquareFeet
MLS AreaC14 - Santa Monica
MobileHomeRemainsYNNo
Net Operating Income225969.0
New ConstructionNo
NumberOfUnitsTotal10
Private PoolNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerOther
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tenant PaysElectricity
View Y/NNo
Waterfront Y/NNo
Year Built1961
ZoningSMR3*

Exterior for 2408 Ocean Park Boulevard

Building Area Total6160.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions49x130
Lot Size Acres0.1471
Lot Size Area6408.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesCovered
SpaNo
Total Parking10.0

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $3,975,000
MLS#24399279
List Date 07/31/2024
Property Type Multi-Family
Phone 310.658.1749
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