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Downtown Santa Monica Apartment Building

1045 Ocean Ave Santa Monica, CA 90403

1045 Ocean Ave, Santa Monica, CA, 90403
Contact for pricing
For Sale
Contact for pricing

20-unit, 2½-story apartment building with shared laundry and 6 back garage parking spaces.

Property Size15,005 SF
Lot Size0.26 Acres
Days on Market103

Property Features for 1045 Ocean Ave

General Information

Standard status
Active
Size
15,005 SF
Lot size
0.26 Acres
Property subtype
Multifamily
Listing agency Growth Investment Group
Listed by Handoko Chen · License #01749321
Source Crexi
Added: Apr 11 Updated: Jul 22 at 4:08PM Checked: Jul 22 at 4:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Growth Investment Group


Investment Insights

Based on property information with market context.

1045 Ocean Ave is a 2½-story apartment building originally built in 1922, consisting of 20 units (assessor shows 21). The unit mix includes four 2-bedroom units with 1 bathroom, one 2-bedroom unit with 2 bathrooms, seven 1-bedroom units, seven studio units, and one 1-bedroom penthouse unit.

The property is located on Ocean Ave between California Ave and Washington Ave, within walking distance of Third Street Promenade and amenities in Downtown Santa Monica, and across from Palisades Park. Parking is provided by 6 garage spaces in the back with alley access, with 4 assigned to tenants and 2 available.

1045 Ocean Ave is master metered for electricity, gas, and water. The building has a shared laundry room and is under the Santa Monica Rent Stabilization Ordinance. Eight of 20 units are vacant and will be delivered vacant at close of escrow.

Key Highlights

  • 20‑unit apartment building in Downtown Santa Monica on Ocean Ave between California Ave and Washington Ave
  • Building size is approximately 15,005 SF on an 11,260 SF R3 lot; built in 1922 and configured as a 2‑1/2 story property
  • Unit mix: seven studios, seven 1BD/1BA, four 2BD/1BA, one 2BD/2BA, and one penthouse 1BD/1BA (assessor shows 21 units)

Property Analytics

Location Intelligence

Current Use by Public Records

PAWLIFORNIA Dog Walker Bonart Communications Business Management Consultant

Suggested Use

Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Restaurant Mobile Phone Store Tattoo & Piercing Shop Catering Service Adult Day Care

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 20-unit, 2½-story apartment building with shared laundry and 6 back garage parking spaces.
Where is this apartment building located?
The property is located at 1045 Ocean Ave Santa Monica, CA.
What are key features of this property?
This property features: 20‑unit apartment building in Downtown Santa Monica on Ocean Ave between California Ave and Washington Ave; Building size is approximately 15,005 SF on an 11,260 SF R3 lot; built in 1922 and configured as a 2‑1/2 story property; Unit mix: seven studios, seven 1BD/1BA, four 2BD/1BA, one 2BD/2BA, and one penthouse 1BD/1BA (assessor shows 21 units)
Contact an agent
(626) 224-2495 Call to check price and availability
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