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ResidentialIncome — 1811 Ocean Park Boulevard, Santa Monica, CA

$1,800,000

1811 Ocean Park Boulevard, Santa Monica, CA

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About this property

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.

Property details

Square feet
3,454
Year built
1949
Property type
ResidentialIncome

Location

1811 Ocean Park Boulevard • Santa Monica, CA 90405

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Listed by

Bryan Glenn · Kidder Mathews of California, Inc.