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1802 Ocean Park Blvd

Santa Monica, CA 90405
  • $3,195,000
  • STATUS: Active Under Contract
  • ON SITE: 241 Days
  • MLS #: 24-395129
Under Contract
UPDATED: 76 min ago
$3,195,000
  • 13
    BEDS
  • 0.16
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 5,968
    SQFT
  • $535
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1949
County:
Area:

School Ratings & Info

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 the Combined LA/Westside Multiple Listing Service as of 2025-01-21T12:42:55.423. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/150889599
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1802 Ocean Park Blvd Santa Monica, CA 90405

  • Price: $3,195,000
  • Status: Active Under Contract
  • On Site: 241 Days
  • Updated: 76 min ago
  • MLS #: 24-395129
13
Beds
7
Baths
0
½ Baths
0.16
Acres
5,968
SQFT
$535
$/SQFT
1949
Built
Neighborhood:
Santa Monica
County:
Los Angeles
Area:
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

Covered Parking 6 Levels Two Lot Size Area 6905 Other Structures Accessory Bldgs Parking Garage Converted Garage Total Parking 6

Interior Features

Cooling None Equipment Built-Ins Heating Wall Laundry In Unit

Property Features

Alley YN Yes Assessed Total Value 293357 Disclosures As IsTrust/Conservatorship Gross Income 280668 Gross Operating Income 277861 Like Units1 1 Like Units2 3 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 195338.00 Number Of Buildings 2 Number Of Units 7 Rent Control YN Yes Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 82523 Type Of Units 7 Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning SMR3*

Listing provided courtesy of D. Timothy Byrne DRE#01186465 of Compass: 310-820-0195.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-01-21T12:42:55.423. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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