1332 Ocean Park Boulevard

    Santa Monica, CA 90405
    • $2,150,000
    • STATUS: Active
    • ON SITE: 140 days
    • ID#: SB18240819
    UPDATED: 47 min ago
    $2,150,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,496
      SQFT
    • $861
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1941
    County:

    School Ratings & Info

    Description

    Extremely Rare Opportunity to purchase Two adjacent 4-Plex properties in the highly sought-after area of Sunset Park in Santa Monica. With a mix of restored & remodeled units, each building consists of 4, 1 bed/1 baths units with private enclosed garages for each. The units feature new plumbing, new electrical, hardwood floors, newer double paned windows, enclosed patios/yards and more. Both buildings have had their main sewer lines replaced and the grounds feature low maintenance eco-scaping. There is coin laundry services on-site to generate additional revenue as well. Previous owners had approved plans for to build 8, 2 & 3-bedroom townhomes on the combined 14,000 sf lots.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-21T12:36:35.593. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/88183620

    1332 Ocean Park Boulevard Santa Monica, CA 90405

    • Price: $2,150,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: SB18240819
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,496
    SQFT
    $861
    $/SQFT
    1941
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    Extremely Rare Opportunity to purchase Two adjacent 4-Plex properties in the highly sought-after area of Sunset Park in Santa Monica. With a mix of restored & remodeled units, each building consists of 4, 1 bed/1 baths units with private enclosed garages for each. The units feature new plumbing, new electrical, hardwood floors, newer double paned windows, enclosed patios/yards and more. Both buildings have had their main sewer lines replaced and the grounds feature low maintenance eco-scaping. There is coin laundry services on-site to generate additional revenue as well. Previous owners had approved plans for to build 8, 2 & 3-bedroom townhomes on the combined 14,000 sf lots.
    Exterior Features

    Garage Spaces 4.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 4.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Appliances DishwasherGas RangeRefrigerator Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common WallsNo One AboveNo One Below Flooring TileWood Heating Wall HeaterGravity Heating Heating YN Yes Laundry Features CommunityIndividual Room Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsGolf CourseSidewalksStorm DrainsStreet Lighting Country Us Elevation Units Feet Gross Income 126060.00 Gross Scheduled Income 126060.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 93675.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 32385.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 0.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Smr3*

    Listing provided courtesy of Anthony Kelly of Coldwell Banker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-21T12:36:35.593. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Heller The Home Seller
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024