This Multifamily Property is Off-Market.

901 Ocean Avenue
Santa Monica, CA 90403 ·

28 Units · Multifamily For Sale

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Ocean Front Location

Price N/A Property Type Multifamily
No. Units 28 Property Sub-type Garden/Low-Rise
Building Size 30,954 SF Property Use Type Investment
Listing ID: 15686501 Date Created: 04/29/2008 Last Updated: 03/18/2009

Description

PRICE REDUCED to $11,750,000 from $13,750,000 - Incredible opportunity to purchase a 28 unit apartment building with breathtaking ocean views. Totally vacant building - No tenant relocation fees. Opportunity to renovate the building and either sell the units (tenant-in-common) or operate the building as an apartment building. Tenant-in common processing is almost complete. Owner estimates that the DRE will issue a white report within the next 3-4 months.

Incredible Santa Monica location on Ocean Avenue overlooking the Pacific Ocean and Palisades Park. Located on Ocean Avenue, between Wilshire Boulevard and Montana Avenue. Walking distance to the Third Street Promenade, Santa Monica Pier, and just a staircase away from all the beach activities Santa Monica has to offer.

Research

901 Ocean Avenue, Santa Monica, CA 90403 (Los Angeles County)

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