We are thrilled to offer an exclusive opportunity to acquire 802 Ozone Street, a thoughtfully designed 4-Unit apartment building exceptionally located within the Ocean Park submarket of Santa Monica. The building offers a rare unit mix consisting of (1) Large 4-Bedroom 2.5-Bathroom unit, (1) 3-Bedroom 2-Bathroom unit, and (2) 1-Bedroom… Read More 1-Bathroom units. Not only does the opportunity provide a favorable unit mix, but it could also be delivered with the 4-Bedroom 2.5-Bathroom AND/OR 3-bedoom2-bathroom unit vacant! Nestled west of Lincoln Boulevard and north of Rose Avenue, this prime location offers unparalleled access to Venice Beach, Penmar Golf Course, Abbot Kinney Blvd, and Main Street. Tenants of 802 Ozone Street will have no shortage of things to do, with vibrant nightlife, fine dining establishments, daily essentials, and an abundant amount of entertainment all within close proximity. 802 Ozone Street offers a unique opportunity to acquire a trophy asset in Santa Monica. The subject property's ability to be delivered vacant opens the door for owner-occupied investors to easily execute the infamous house-hacking strategy and also offers traditional investors an opportunity to acquire a high cash-flowing well-located asset poised for strong long-term appreciation. Please note that the subject property is being sold As-Is. Read Less
Listing Snapshot
Days Online
21
Last Updated
Property Type
Other
Beds
9
Square Ft.
3,299
Lot Size
0.13 Acres
Year Built
1951
MLS Number
25582791
30 Days Snapshot Of 90405
$2.02M
+8%
(avg) sold price
16
+6%
homes sold
65
+12%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1951, Building area total: 3,299, Levels: Two, Living area: 3299, 2 stories, 3 buildings
Garage
2 spaces
Income
Gross income: $172,471, Net operating income: $110,685
Laundry
CommonArea
Lot
0.126 acres, 5,489 square feet, Size: 5,489
Parking
6 open parking spaces, 8 totals parking
Property
Zoning: SMOP1*
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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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