1107 Ocean Park BLVD Santa Monica, CA 90405
Active
$2,400,000
4 Units
8 Beds
4 Baths
3,464 Area(sq.ft.)
7,261 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 2,509 | $ 2,509 | $ 3,500 |
| Unit 2 | 1 | 2 | 1 | No | $ 2,604 | $ 2,604 | $ 3,500 |
| Unit 3 | 1 | 2 | 1 | No | $ 2,217 | $ 2,217 | $ 3,500 |
| Unit 4 | 1 | 2 | 1 | No | $ 3,058 | $ 3,058 | $ 3,500 |
| 4 | 4 | 8 | 4 | $ 10,388 | $ 10,388 | $ 14,000 |
| MLS #: | SR24252005MR |
| Days On Market: | 69 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 693 |
| Price per unit: | $ 600,000 |
| Year Built: | 1944 |
Property Details
Incredible opportunity to own this fantastic 4-plex in the heart of Santa Monica just 12 blocks from the beach. Centrally located near shops, hotels & restaurants, the popular Venice Beach area and the Santa Monica Pier, freeways & mass transportation. This classic 1940's 4-plex with all 2 bedroom 1 bath units has been thoughtfully remodeled with all new dual pane window, some units with remodeled kitchens & baths & repainted inside & out with hardwood & Pergo floors, spacious kitchens, center hallway and the front unit with a large private outdoor garden with lawn and barbecue area. Great upside potential and the perfect opportunity to sit back and collect the rents.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 38,812 |
| Net Operating Income: | $ 98,144 |
| Actual Gross Rent: | $ 10,388 |
Structure
| Community Features: | Sidewalks, Street Lights |
| Sewer: | Public Sewer |
| View Description: | None |
| Water: | Public |
Land & Parking
| Zoning: | SMR3* |
| Land Lease Type: | Fee |
| Parking Garage: | Assigned |
Interior
| Fireplace Rooms: | None |
| Laundry: | Inside |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
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Income
