927 Ocean Avenue , Santa Monica, CA - 90403 is For Sale

  • 19530876
  • 19530876
  • 19530876
  • 19530876
  • 19530876
  • 19530876
  • 19530876
  • 19530876
  • 19530876
  • 19530876
  • 19530876
  • 19530876
  • 19530876
  • 19530876
  • 19530876
  • 19530876
  • 19530876
  • 19530876
  • 19530876
$9,495,000· Income property

Description

HUGE PRICE REDUCTION! SELLER WILL ENTERTAIN CARRYING FINANCING UP TO 75%. 927 Ocean Avenue is a 16 unit property ideally located directly across the street from the Ocean in Santa Monica.. The investment represents one of the most unique offerings ever available for sale in Santa Monica, as 15 out of 16 units are VACANT! The property is Mills Act approved and renderings of potential renovations are available. 927 Ocean Avenue is walking distance to Montana Avenue, 3rd Street Promenade, and many high end dining & entertainment venues.

Features

MLS#: 19530876
List Price : $9,495,000
Total Units : 16
Gross Operating Income : $598,832
Net Operating Income : $455,978
Sq M : 698 M2
Year Built : 1922
Days on market : 337 Days
Gross taxes : N/A
Address : 927 Ocean Avenue
City : Santa Monica
State : CA
Zip Code : 90403
Neighborhood : N/A
Stories : 2
Parking Features : Garage
Sale Type : Standard
 
Property Type : Residential Income
Original List Price : $9,495,000
Heating : Wall Furnace
Parking Features : Garage
Driving Directions : On Ocean Avenue, between Idaho and Washington
 
Courtesy of : Jonathan Taksa , Remax Commercial and Investment Realty

Location

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