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Property Type:Residential Income (Multi-Family)
On Site:18 Days
Lot Size:6,602 Sq. Ft.
Incredible opportunity to own this charming fourplex in beautiful Santa Monica. Conveniently located right across from Gelsons and in between the famous Santa Monica Pier and Santa Monica College. You can walk or bike everywhere, this is true California living at its finest. The unit mix consists of (1) 3bed/1bath (2) 2bed/1bath and (1) 1bed/1bath. There are four private one car garages, which are being leased separately, a laundry room and storage area. All units are currently occupied with the exception of the 1bed/1bath. Move-in the vacant unit and use the rental income from the others to pay for the mortgage or pick your own tenant. On the market for the first time in over 35 years don't let this opportunity pass you by!!
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Address:825 Ocean Park Boulevard Santa Monica, CA 90405
Area:(C14) Santa Monica
Total Units: 4
Stories Total: 1
Unit 1: 1 Unit•3 Beds•1 Bath•Unfurnished•$3,279 total rent•$3,400 pro forma
Unit 6: 1 Unit•2 Beds•1 Bath•Unfurnished•$2,202 total rent•$2,500 pro forma
Unit 7: 1 Unit•2 Beds•1 Bath•Unfurnished•$2,388 total rent•$2,500 pro forma
Unit 8: 1 Unit•1 Bed•1 Bath•Unfurnished•$1,900 pro forma
Garage Spaces: 4
Features / Amenities
Floor Material: Wood, Carpet
Parking Total: 4
Heating Type: Wall Furnace
Lot Size: 0.15 Acres / 6,602 Sq. Ft.
Directions:On Ocean Park East of Lincoln Blvd
Tax and Financial Info
Total Expenses: 38516.00
Gross Annual Income: 126297.00
Gross Operating Income: 126297.00
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Listing provided courtesy of Katia Miramontes, The Agency.
Based on information from California Regional Multiple Listing Service, Inc. as of April 18, 2021. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.