Ocean Way Santa Monica, CA 90401
- Apartment buildings
- 1,000 SF
Current Use by Public Records
- Apartment buildings
Property Details for 0 Ocean Way
- Year built
- 2000
- Property size
- 1,000 SF
- Property type
- Apartment buildings
Description
This exceptional Class A apartment building, located on Ocean Way in Santa Monica, CA 90401, presents a compelling investment opportunity. Built in 2000 and extensively renovated in 2020, this 1,000 square foot property sits on a 1,000 square foot lot. Its prime location in Los Angeles County offers unparalleled access to the vibrant Santa Monica lifestyle. The building's modern design and recent upgrades ensure high appeal to tenants. This is an institutional-class investment, ideal for those seeking a strong return in a desirable market. The property's compact size makes it easily manageable, while its location in Santa Monica guarantees high occupancy rates and potential for strong rental income. This is a rare opportunity to acquire a well-maintained, updated multifamily property in a highly sought-after area. The property is free and clear of any ground lease. Further details are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Santa Monica
- County
- Los Angeles
- State
- California
- Longitude
- -118.516
- Latitude
- 34.0267
