Offered as part of a rare six-property portfolio, 2410 Ocean Park Blvd., Santa Monica, CA 90405 presents an excellent opportunity to acquire a well-located, low-density asset with strong in-place fundamentals and significant rental upside in the heart ofSunset Park, one of Santa Monica's most desirable residential neighborhoods. Built in 1975… Read More by the Seller's family, the property reflects long-term ownership and pride of stewardship, a theme consistent throughout the portfolio. The property consists of 7 thoughtfully designed units featuring a diverse and highly functional unit mix, including 4 one bedroom/one-bath units, 2 two-bedroom/two-bath units, and 1 unique two-story two-bedroom/two-and-a-half-bath unit. This variety of unit types allows the asset to appeal to a broad tenant base, from singles to families, while the inclusion of a townhouse-style unit adds a level of differentiation rarely found in smaller assets. The units offer dynamic and efficient layouts flooded with natural light, complemented by nicely landscaped grounds that create an inviting and residential living environment. The property also features gated on-site parking and an on-site laundry facility, providing key amenities that enhance tenant retention and overall desirability. With substantial rental upside, a new owner has the opportunity to reposition the asset and capture meaningful income growth, capitalizing on both the property's strong fundamentals and its premier coastal location. From a location standpoint, 2410 Ocean Park Blvd. is ideally situated in Santa Monica's highly sought-after Sunset Park neighborhood, known for its balance of residential charm and accessibility to lifestyle amenities. The property is just minutes from Main Street, a vibrant retail and dining corridor featuring popular restaurants, cafes, boutiques, and nightlife, as well as Santa Monica Beach, offering immediate access to the ocean and outdoor coastal lifestyle. The surrounding area provides convenient access to neighboring Westside hubs including Venice, Mar Vista, and broader SantaMonica, along with proximity to highly regarded schools such as Santa Monica High School. Residents benefit from a walkable, lifestyle-driven neighborhood with strong demand fundamentals supported by coastal proximity, employment access, and a vibrant local amenity base. For investors seeking a charming, well-located asset with strong rental upside and diverse unit mix in a premier coastal market, 2410 Ocean Park Blvd. represents a compelling acquisition opportunity. Read Less
Property listed by Remax Commercial and Investment Realty, Jonathan Taksa 310-259-7556
Listing Snapshot
Days Online
27
Last Updated
Beds
10
Square Ft.
6,324
Lot Size
0.15 Acres
Year Built
1975
MLS Number
26839393
Additional Details
Appliances & Equipment
Dishwasher, Microwave, Refrigerator
Building
Built in 1975, Living area: 6324.0, 1 building, 2 stories, Levels: One
Cooling
WallWindowUnits
Heating
WallFurnace
Income
Gross Income: $171,614, Net Operating Income: $111,725
Lot
0.1471 acres
Parking
11 total parking spaces, AttachedCarport, Assigned, Gated
Taxes
Parcel Number: 4272023036, Zoning: SMR3*
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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