4
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$1,950,000
Est. payment /mo
3,454 SqFt
New
1811 Ocean Park BLVD Santa Monica, CA 90405
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,454 sqft
Price per Sqft $564
MLS Listing ID 25581277
HOA Y/N No
Year Built 1949
Lot Size 5,793 Sqft
Property Description
This is a value add investment opportunity in a great location. The property features a mix of studios and a 2-bedroom unit with abundant outdoor space and on-site parking. As an investment, the property offers investors an incredible value add opportunity. With approximately 20% upside in rents, an investor can implement a strategic interior and exterior renovation with the goal of increasing rents and taking advantage of the strength of the Santa Monica market. A detached garage provides excellent potential to create an ADU. The property also features coin operated laundry on-sire.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR3*
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Door-Multi, Garage, Uncovered
Total Parking Spaces 6
Building
Story 2
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4273020021
Special Listing Condition Standard
Listed by Bryan Glenn Kidder Mathews of California, Inc.