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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 | Building Size | 5,262 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1957 |
| Building Class | C | Parking Ratio | 0.95/1,000 SF |
| Lot Size | 0.19 AC | ||
| Zoning | SMOP2* - Multi-Family | ||
| 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
| Parcel Number | 4287-003-012 | Improvements Assessment | $825,619 |
| Land Assessment | $2,546,899 | Total Assessment | $3,372,518 |
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
The Ocean Park Multifamily Property at 649 Ocean Park Blvd, Santa Monica, CA 90405 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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