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514 Ocean Park Blvd

Santa Monica, CA 90405
  • $2,699,000
  • STATUS: Active
  • ON SITE: 152 Days
  • ID#: 21-735146
UPDATED: 57 min ago
$2,699,000
  • 5
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,010
    SQFT
  • $1,343
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1939
County:
Area:

School Ratings & Info

Description

This is a truly unique investment opportunity in Santa Monica. The property is located in a prime Ocean Park Neighborhood within walking distance to the beach (just 5 blocks) restaurants, and shops. You can feel the cool ocean breeze, even on the hottest summer days. 2/3 units are currently rented out. The property is a mix of 3 fully remodeled units and each have their own washer/dryer. The charming 3 Bed 2 Bath single family offers a contemporary open concept layout. The living room opens to a private deck with steps that lead to a delightful front yard, perfect for entertainment. The building is perfect for artists, architects and those who work in the entertainment and technology industries.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-24T12:42:36.597. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.thepayabgroup.com/homes/117536928
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514 Ocean Park Blvd Santa Monica, CA 90405

  • Price: $2,699,000
  • Status: Active
  • Updated: 57 min ago
  • ID#: 21-735146
5
Beds
0
Baths
0
½ Baths
0.13
Acres
2,010
SQFT
$1,343
$/SQFT
1939
Built
Neighborhood:
Santa Monica
County:
Los Angeles
Area:
Santa Monica
Property Description
This is a truly unique investment opportunity in Santa Monica. The property is located in a prime Ocean Park Neighborhood within walking distance to the beach (just 5 blocks) restaurants, and shops. You can feel the cool ocean breeze, even on the hottest summer days. 2/3 units are currently rented out. The property is a mix of 3 fully remodeled units and each have their own washer/dryer. The charming 3 Bed 2 Bath single family offers a contemporary open concept layout. The living room opens to a private deck with steps that lead to a delightful front yard, perfect for entertainment. The building is perfect for artists, architects and those who work in the entertainment and technology industries.
Exterior Features

Lot Size Area 5725 Other Structures None Parking Garage Carport Attached Patio Features Living Room Deck Attached Total Parking 6

Interior Features

Baths Total 5.00 Cooling Other Equipment DishwasherWasherDryerRefrigerator Fireplace Rooms Living Room Heating Other Laundry In Unit Windows French Windows

Property Features

Assessed Total Value 1664640 Gross Income 0 Gross Operating Income 6990 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 3 Property Condition Updated/Remodeled Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 2500 Type Of Units Mix Year Built Source Vendor Enhanced Zoning Smop2*

Listing provided courtesy of Maryam Gueramian DRE# of Keller Williams Realty Westside.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-24T12:42:36.597. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The Payab Group/Berkshire Hathaway HomeServices California Properties
16810 Ventura Blvd.
Encino CA, 91436