Multifamily
2025 OCEAN PARK BLVD
2025 Ocean Park Blvd, Santa Monica, CA 90405
Listing Price: $1,850,000
Cap Rate
3.20%
Number of Units
3
GRM
20.29
Price/Unit
$616,667
Price/Gross SF
$808.57
Gross SF
2,288
Investment Overview
Rare Opportunity in Prime Santa Monica! Situated on a 6,069 sq ft lot this 2,288 sq ft meticulously maintained triplex with the potential to be converted back to fourplex, has been renovated in 2016 and is delivered 50% vacant!
2025 OCEAN PARK BLVD
Investment Highlights
- Marcus & Millichap is excited to present 2025 Ocean Park Blvd - a meticulously maintained property situated on a 6,069 sq ft lot in the highly sought-after Sunset Park neighborhood of Santa Monica.
- Spanning 2,288 square feet and constructed in 1949 as a four-unit building, and later converted into a three-unit building in 2016 when the seller combined two of the units to use as an owner unit.
- All units have been impeccably maintained. The 2-bed/2.5-bath converted unit, previously occupied by the owner, has undergone extensive renovations, leaving no details spared.
- The expansive backyard is adorned with mature landscaping, while the private front yard accommodates a large endless swimming jet spa/pool and ample space for entertainment.
Exclusively Listed By
Financing By
Listing Price: $1,850,000
Cap Rate
3.20%
Number of Units
3
GRM
20.29
Price/Unit
$616,667
Price/Gross SF
$808.57
Gross SF
2,288
Investment Highlights
- Marcus & Millichap is excited to present 2025 Ocean Park Blvd - a meticulously maintained property situated on a 6,069 sq ft lot in the highly sought-after Sunset Park neighborhood of Santa Monica.
- Spanning 2,288 square feet and constructed in 1949 as a four-unit building, and later converted into a three-unit building in 2016 when the seller combined two of the units to use as an owner unit.
- All units have been impeccably maintained. The 2-bed/2.5-bath converted unit, previously occupied by the owner, has undergone extensive renovations, leaving no details spared.
- The expansive backyard is adorned with mature landscaping, while the private front yard accommodates a large endless swimming jet spa/pool and ample space for entertainment.
Investment Overview
Rare Opportunity in Prime Santa Monica! Situated on a 6,069 sq ft lot this 2,288 sq ft meticulously maintained triplex with the potential to be converted back to fourplex, has been renovated in 2016 and is delivered 50% vacant!
Exclusively Listed By
Financing By
