Active

2408 Ocean Park Blvd

Santa Monica CA, 90405

$3,875,000


$629.06 per sqft

Active

6,160 sqft

Multi-family

Built in 1961

Major changes! 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. Previously owner kept seven units vacant in order to remodel. There are now eight leased and applications submitted. The building has just been painted, dual-pane windows have been installed, and a new roof. The building has been repiped and had a lot of new electrical. The soft story retrofit work and earthquake valves are completed. Eight of the units have now been remodeled. Most of the kitchens have new cabinets, counters, sinks, faucets and appliances. 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. There is covered parking for 10 cars and a coin operated washer dryer fully owned. This is one of the best priced buildings in Santa Monica with a great cap rate.

24-399279

MLS ID

July 31, 2024

Listed

January 21, 2025

Updated

Map

2408 Ocean Park Blvd
Santa Monica CA, 90405

Interior Features

Total Stories

2


Appliances

None


Laundry Description

Community


Floor Description

Mixed


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.15 Acres


Sewer

In Street

Other Property Details

Area Name

Santa Monica


Days on Market

175


Garage

No


Parking

Covered Parking


Parking Total

10


View

No


County

Los Angeles


Pool

No


Zoning

SMR3*

Listing History

Date

Event

Price

1/8/2025

Price change

$3,875,000

-3%

9/7/2024

Price change

$3,975,000

-5%

Listed by Harvey Stern with Vision Realty, Inc.
Listing Contact: 310-741-3636 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Shelhee Gal | CA DRE# 01721758 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2025 Combined L.A./Westside MLS. All rights reserved.

Data last updated 1/21/2025

Powered byLuxury Presence