1025 Ocean Ave | Santa Monica, CA 90403
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1025 Ocean Ave
Santa Monica, CA 90403
1025 Ocean Avenue · Multifamily Property For Sale
·
21 Units
PROPERTY FACTS
| No. Units | 21 | Building Size | 35,857 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 0.95/1,000 SF |
| Lot Size | 0.34 AC | ||
| Zoning | SMR4* | ||
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 35,857 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built | 1961 |
| Parking Ratio | 0.95/1,000 SF |
| Zoning | SMR4* |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Kitchen
- Hardwood Floors
- Oven
- Range
- Patio
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Pool
- Energy Star Labeled
- Elevator
- Online Services
ABOUT 1025 OCEAN AVE , SANTA MONICA, CA 90403
• Mid-century, low-rise apartment complex comprising 20 units on a large 15,006-square-foot lot • More than a third of the units boast floor-to-ceiling windows with unobstructed ocean views • Nine units have been exceptionally upgraded with contemporary, top-of-the-line fixtures and finishes • Spacious layouts are well suited for a potential owner-user • Features include expansive private balconies, central HVAC, high ceilings, a rooftop pool/lounge area and gated subterranean garage parking
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $5,250 | 800 |
| 2+2 | 14 | $5,700 | 1,300 - 1,440 |
| 3+2 | 3 | $4,124 | 1,440 |
| 3+2 | 3 | $9,358 | 1,976 |
PROPERTY TAXES
| Parcel Number | 4292-027-021 | Improvements Assessment | $8,749,167 |
| Land Assessment | $18,591,982 | Total Assessment | $27,341,149 |
PROPERTY TAXES
Parcel Number
4292-027-021
Land Assessment
$18,591,982
Improvements Assessment
$8,749,167
Total Assessment
$27,341,149
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