Property Type:Residential Income (Multi-Family)
On Site:24 Days
Lot Size:8,081 Sq. Ft.
649 Ocean Park Blvd is an impressive 7-unit apartment building located in Prime Ocean Park, Santa Monica. This unique property is located on a hilltop and has ocean views in certain units. The property boasts a desirable unit mix of two-bedroom and one-bedroom units. Half a mile from the beach on Ocean Park Blvd and walking distance from many restaurants, shopping, and cafes. This incredible asset commands higher than average rents in Santa Monica. Please do not disturb the tenants. All showings will be subject to an accepted offer.
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Address:649 Ocean Park Blvd Santa Monica, CA 90405
Area:C14 - Santa Monica
Building Area: 5262.0
Number of Buildings: 1
Total Units: 7
Stories Total: 2
Unit 1: 3 Units•2 Beds•1 Bath•Unfurnished•$2,573 actual rent•$2,573 total rent•$3,250 pro forma
Unit 2: 4 Units•1 Bed•1 Bath•Unfurnished•$2,122 actual rent•$2,122 total rent•$2,900 pro forma
Parking Total: 5.0
Lot Size: 0.19 Acres / 8,081 Sq. Ft.
Directions:West of Lincoln Blvd
Tax and Financial Info
Gross Income: $195,672
Net Operating Income: $119,483
Listing agent / office Chase Simonton, RE/MAX One.
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Based on information from California Regional Multiple Listing Service, Inc. as of January 27, 2022. 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.