Property Detail

2408 Ocean Park

Santa Monica CA 90405

$3,975,000

Status: Active

Property Details

Description

UPDATED 10-UNIT BUILDING IN SANTA MONICA This property has been completely renovated with new stucco. Prime Santa Monica Location. Close to restaurants and the beach. 7 vacant units available for rental at market price. Covered parking for 10 cars. Washer and dryer on premises. New renovations including: Freshly painted building with dual-pane windows. New roof within the last two years. New plumbing and electrical work. New earthquake valves and soft story retrofit work. New cabinets, counters, sinks, and faucets in most units. Some units have new tile, and all are freshly painted. Most bathrooms have had total or partial remodels.New appliances in 7 units. Several units have been rented are other units are currently being made available for rent. Pro-forma CAP Rate over 5!

Map Location

Listing provided courtesy of Paul Burrowes of David Lyng Real Estate. Last updated 2024-11-24 09:56:45.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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