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1802 Ocean Park Boulevard

Santa Monica, CA 90405
  • $3,195,000
  • STATUS: Active Under Contract
  • ON SITE: 236 Days
  • ID#: 24395129
Under Contract
UPDATED: 32 min ago
$3,195,000
  • 13
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,968
    SQFT
  • $535
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1949
County:

School Ratings & Info

Listing Agent(s): D. Timothy Byrne of Compass (310-820-0195)


Description

1802 Ocean Park Blvd, located in the Sunset Park neighborhood of Santa Monica is a pride of ownership seven-unit, 5,968 sq. ft., apartment building situated on a 6,905 sq. ft., lot zoned SMR3 built in 1949. The property consists of (4), 2 bedrooms, 1 bath unit located in the front building. Each unit has a spacious kitchen, washer dryer hook-ups and access to a rear service patio. The rear building consists of (2), 2 bedrooms, 1 bath units on the 2nd floor with (1), 1 bedroom, 1 bath until on the 1st floor. The building will be delivered with 5 units VACANT. The building has 6 parking garages of which 5 are currently rented. With its well-maintained exterior and stylish landscaped surroundings this building has great curb appeal which adds to the overall value of the property. The building's prime location adjacent to Sunset Park Village offers access to a great list of amenities including top-rated schools, trendy dining options, boutique shopping, parks, and recreation areas, making it an ideal choice for tenants seeking a Southern California lifestyle. To name a few great shops and restaurants there are: Local Kitchen & Wine Bar, Thyme Cafe & Market, Brook Rod, Bob's Market, Love Coffee, Handel's Ice Cream and Santa Monica Yoga. The educational school include, Little Dolphin Preschool, Will Rogers Elementary, John Adams Middle School, and Santa Monica City College. For Value Add - Perfect opportunity to covert the garage into ADU's - Possibly 2!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-16T15:33:08.097. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/150891194
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1802 Ocean Park Boulevard Santa Monica, CA 90405

  • Price: $3,195,000
  • Status: Active Under Contract
  • On Site: 236 Days
  • Updated: 32 min ago
  • ID#: 24395129
13
Beds
0
Baths
0
½ Baths
0.16
Acres
5,968
SQFT
$535
$/SQFT
1949
Built
Neighborhood:
C14 - Santa Monica
County:
Los Angeles
Area:
C14 - Santa Monica
Property Description
1802 Ocean Park Blvd, located in the Sunset Park neighborhood of Santa Monica is a pride of ownership seven-unit, 5,968 sq. ft., apartment building situated on a 6,905 sq. ft., lot zoned SMR3 built in 1949. The property consists of (4), 2 bedrooms, 1 bath unit located in the front building. Each unit has a spacious kitchen, washer dryer hook-ups and access to a rear service patio. The rear building consists of (2), 2 bedrooms, 1 bath units on the 2nd floor with (1), 1 bedroom, 1 bath until on the 1st floor. The building will be delivered with 5 units VACANT. The building has 6 parking garages of which 5 are currently rented. With its well-maintained exterior and stylish landscaped surroundings this building has great curb appeal which adds to the overall value of the property. The building's prime location adjacent to Sunset Park Village offers access to a great list of amenities including top-rated schools, trendy dining options, boutique shopping, parks, and recreation areas, making it an ideal choice for tenants seeking a Southern California lifestyle. To name a few great shops and restaurants there are: Local Kitchen & Wine Bar, Thyme Cafe & Market, Brook Rod, Bob's Market, Love Coffee, Handel's Ice Cream and Santa Monica Yoga. The educational school include, Little Dolphin Preschool, Will Rogers Elementary, John Adams Middle School, and Santa Monica City College. For Value Add - Perfect opportunity to covert the garage into ADU's - Possibly 2!
Exterior Features

Parking Features Converted Garage Parking Total 6

Interior Features

Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 5.66 Disclosures Trust/Conservatorship Garage YN Yes Gross Income 280668 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 195338 New Construction YN No Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Zoning SMR3*



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-16T15:33:08.097. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
 
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931 Pueblo Drive
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Listing Agent(s): D. Timothy Byrne of Compass (310-820-0195)