Assisted Living Portfolio
For Sale
Contact for pricing
Pending
413 and 825 Ocean Avenue, Santa Monica, CA 90403
Two renovated senior housing properties offer assisted living and memory care with private and companion rooms.
Property SizeContact for details
Lot Size0.52 Acres
Days on Market129
Property Features for 413 and 825 Ocean Avenue
General Information
Standard status
Pending
Lot size
0.52 Acres
Property subtype
Retail
Additional Details
Business Included
Yes
Listing Agency:
Madison Partners
Listed By:
Bob Safai · License #CA 00978067
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Aug 15 at 6:21PM
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 Madison Partners
Investment Insights
Based on property information with market context.
Madison Partners, as exclusive advisor, presents the opportunity to acquire a portfolio comprised of the Ocean Villa and Bella Mar assisted-living communities, including both the business enterprise and the real estate.
The offering includes the 100% fee-simple interest in Ocean Villa, a 29-unit assisted-living community with 31 beds, and Bella Mar, a 20-unit memory care facility with 29 beds. Both properties are described as being set in a resort-like environment overlooking the Pacific Ocean, with private and companion room options and outdoor and communal areas featuring ocean views.
Built in 1951 and 1959, the properties have been extensively renovated and include gourmet foodservice and a full roster of on-site amenities, programs, and activities. The portfolio is situated on a total of 0.52 acres of land.
The offering includes the 100% fee-simple interest in Ocean Villa, a 29-unit assisted-living community with 31 beds, and Bella Mar, a 20-unit memory care facility with 29 beds. Both properties are described as being set in a resort-like environment overlooking the Pacific Ocean, with private and companion room options and outdoor and communal areas featuring ocean views.
Built in 1951 and 1959, the properties have been extensively renovated and include gourmet foodservice and a full roster of on-site amenities, programs, and activities. The portfolio is situated on a total of 0.52 acres of land.
Key Highlights
- Portfolio includes Ocean Villa and Bella Mar senior housing communities, offered with both business enterprise and real estate interests.
- Ocean Villa: 29‑unit assisted‑living community with 31 beds; 100% fee‑simple interest included.
- Bella Mar: 20‑unit memory care facility with 29 beds.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
545
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90403, CA
25,278
Population
14,853
Households
1.7
Avg Household Size
42
Median Age
72%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
18,056
Density / Sq Mi
$121,512
Median Household Income
$82,557
Median Earnings
$2,443
Median Rent
$1,553,500
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Bentley Suites by SCH — 851 4th St, Santa Monica, CA 90403
Frequently Asked Questions
What type of property is this?
Assisted living facility - Two renovated senior housing properties offer assisted living and memory care with private and companion rooms.
Where is this assisted living facility located?
The property is located at 413 and 825 Ocean Avenue Santa Monica, CA.
What are key features of this property?
This property features: Portfolio includes Ocean Villa and Bella Mar senior housing communities, offered with both business enterprise and real estate interests.; Ocean Villa: 29‑unit assisted‑living community with 31 beds; 100% fee‑simple interest included.; Bella Mar: 20‑unit memory care facility with 29 beds.
