Listed By:
David Smith with Re/Max College Park Realty; 562-824-8444
3401 Ocean Park Boulevard, Santa Monica, CA
$ 7,750,000
Property Attributes
  • MLS#RS22249601
  • TypeIncome
  • CitySanta Monica
  • AreaSanta Monica
  • Zip90405
  • StyleMixed Use
  • Price$ 7,750,000
  • Bedrooms31
  • Full Bathrooms24
  • Half Bathrooms0
  • Sqr Footage19380
  • Lot Size0.383081 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

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.

Price History
12/3/2022 Listed $8,195,000
7/8/2023 6% - $7,750,000

General Features

Building Area Units Square Feet
Carport Spaces 20
Carport Y/N Yes
City Santa Monica
Co-Listing Agent State License # 01989514
Community Features Street Lights, Sidewalks
County Los Angeles
Directions Corner of 34th and
Gross Income 43238
Insurance Expense 6932
Listing Agent David Smith - BRE#01353125
Listing Agent State License 01353125
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Lot Size Square Feet 16687
MLS Area C14 - Santa Monica
Net Operating Income 36779
Number of Units Leased 24
Open Parking Spaces 20
Operating Expense 6459
Pool Features None
Property Attached Y/N Yes
Property Sub Type Additional Mixed Use
Property SubType Mixed Use
Property Type Residential Income
Rent Control Y/N Yes
Senior Community Y/N No
Sewer Public Sewer
Special Listing Conditions Standard
Standard Status Active
Status Active
Street Name Ocean Park
Tax Lot 271
Tenant Pays Cable TV, Electricity, Gas
Total Actual Rent 43238
Total Units 24
Trash Expense 1980
Water Sewer Expense 21266
Year Built 1960
Year Built Source Assessor
Zoning SMC2*

Interior Features

Common Walls 2+ Common Walls
Laundry Features Laundry Room
Street Suffix Boulevard

Exterior Features

Building Area Total 19380
Lot Features Corner Lot
Lot Size Acres 0.3831
Lot Size Area 16687
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 24
Number of Separate Gas Meters 24
Number of Separate Water Meters 1
Parking Features Assigned
Total Parking 40
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90405

AVG $3.22M
AVG 10
Data Provided by Inside Real Estate®
Year Built
AVG 1948

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