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Santa Monica, CA 90405 3401 Ocean Park Boulevard

$7,750,000

Pending
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Presented By: David Smith with Re/Max College Park Realty; 562-824-8444
  • MLS# RS22249601
  • 12/02/2022
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  • BedBeds • 31
  • BathBaths • 3
  • FootageSQFT • 19,380

Home Details

Location, Location, Location. 24 unit building in the heart of Santa Monica's Ocean Park area. Building has been well maintained and went through a full retrofitting, copper plumbing, water heater replacement. laundry lines, shower valves, circulation pumps, sewer and drain lines, gfci installation through the City of Santa Monica rehab program. 20 carports that are rented in addition to the unit rents. Great opportunity.
Presented By: David Smith with Re/Max College Park Realty; 562-824-8444

Interior Features for 3401 Ocean Park Boulevard

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesLaundryRoom
Street SuffixBoulevard

General for 3401 Ocean Park Boulevard

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces20.0
Carport Y/NYes
CitySanta Monica
Community FeaturesStreetLights, Sidewalks
CountyLos Angeles
Days on Market327
DirectionsCorner of 34th and
Garage Spaces0.0
Garage Y/NNo
Gross Income43238.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense6932.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Conventional, Submit
Lot Size Square Feet16687.0
MLS AreaC14 - Santa Monica
MobileHomeRemainsYNNo
Net Operating Income36779.0
New ConstructionNo
Number of Units Leased24
Open Parking Spaces20.0
Operating Expense6459.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Street NameOcean Park
Tax Lot271
Tenant PaysCableTV, Electricity, Gas
Total Actual Rent43238.0
Total Units24
Trash Expense1980.0
View Y/NNo
Water Sewer Expense21266.0
Waterfront Y/NNo
Year Built1960
Year Built SourceAssessor
ZoningSMC2*

Exterior for 3401 Ocean Park Boulevard

Building Area Total19380.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot
Lot Size Acres0.3831
Lot Size Area16687.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters24
Number of Separate Gas Meters24
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned
SpaNo
Total Parking40.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $7,750,000
MLS#RS22249601
List Date 12/02/2022
Property Type Pending
Phone 714.964.3311
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Request Info
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors