This Multifamily Property is no longer advertised on LoopNet.com.

649 Ocean Park Blvd
Santa Monica, CA 90405
Multifamily Property For Sale · 7 Units

Investment Highlights

  • Corner Lot - NWC 7th St - Excellent Santa Monica Location - Ocean Views in Certain Unit(s) - 0.6 Miles from Santa Monica Beach
  • Located walking distance to many shops, restaurants, cafes, and bars along Ocean Park Blvd, Main Street, Rose Avenue
  • GROWING TECH SECTOR - The region’s growing high-tech sector has awarded the Santa Monica/Venice area the nickname of “Silicon Beach,”
  • WalkScore.com = 89 - 'Very Walkable - Most errands can be accomplished on foot."
  • Location Demands Premium Rents w/ Local High Pay Jobs - Avg. Household Income $154,774
  • WELL-EDUCATED WORKFORCE - More than twice as many adults possess a bachelor’s degree, compared with the nation

Property Facts

No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.19 AC
Building Size 5,262 SF
Average Occupancy 100%
No. Stories 2
Year Built 1957
Parking Ratio 0.95/1,000 SF
Zoning SMOP2* - Multi-Family

Amenities

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $1,866 -
2+1 3 $2,292 -

Property Taxes

Property Taxes

Parcel Number
4287-003-012
Land Assessment
$2,546,899
Improvements Assessment
$825,619
Total Assessment
$3,372,518
  • Listing ID: 29287945

  • Date on Market: 8/16/2023

  • Last Updated:

  • Address: 649 Ocean Park Blvd, Santa Monica, CA 90405

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