1047 Ocean Park Blvd | Santa Monica, CA 90405
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This Residential Property is no longer advertised on LoopNet.co.uk.
1047 Ocean Park Blvd
Santa Monica, CA 90405
Residential Property For Sale · 7 Units
Investment Highlights
- 5,296-SF Building on 6,617-SF Corner Lot | Highly Desirable Unit Mix of (Five) 2-Bedroom/1-Bathroom Units & (Two) Studio/1-Bathroom Units
- Retrofit Completed Within the Last 2 Years | Foundation Work Tie Down Completed in 2023
- Less Than One Mile from Santa Monica Beach, Main Street & the Pacific Ocean | Santa Monica Employment Hub
- One of the 2-Bedroom Units is a Spacious Townhouse Unit | 4.42% Current Cap Rate, 15.57 Current GRM & $406,429 Price Per Unit
- New Concrete Driveway & Total of 8 Parking Spaces | Outstanding Santa Monica Location – Just East of Lincoln Boulevard
- Close Proximity to Venice Boardwalk, 3rd Street Promenade, Santa Monica Pier, Venice Beach, Downtown Santa Monica & Santa Monica College
PROPERTY FACTS
No. Units | 7 | Building Size | 5,296 SF |
Property Type | Residential | Average Occupancy | 100% |
Property Subtype | Apartment | Number of Floors | 2 |
Apartment Style | Garden | Year Built | 1947 |
Building Class | C | Parking Ratio | 1.51/1,000 SF |
Lot Size | 0.15 AC |
No. Units | 7 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 0.15 AC |
Building Size | 5,296 SF |
Average Occupancy | 100% |
Number of Floors | 2 |
Year Built | 1947 |
Parking Ratio | 1.51/1,000 SF |
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
2+1 | 5 | £2,304 | - |
Studios | 2 | £1,856 | - |
PROPERTY TAXES
Parcel Number | 4284-009-001 | Improvements Assessment | £94,734 |
Land Assessment | £71,471 | Total Assessment | £166,206 |
PROPERTY TAXES
Parcel Number
4284-009-001
Land Assessment
£71,471
Improvements Assessment
£94,734
Total Assessment
£166,206
zoning
Zoning Code | SMR3YY |
SMR3YY |
Listing ID: 29098199
Date on Market: 25/07/2023
Last Updated:
Address: 1047 Ocean Park Blvd, Santa Monica, CA 90405
The Santa Monica Residential Property at 1047 Ocean Park Blvd, Santa Monica, CA 90405 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.
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