1045 Ocean Av Santa Monica, CA 90403

$16,000,000
Santa Monica, CA   90403
0 Beds, 0.0 Baths, 0 sq ft, 11,261 sq ft lot, Built in 1922
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0 Beds,
0.0 Baths,
0 sq ft,
11,261 sq ft lot
Built in 1922

Description

MLS# AR18256427

1045 Ocean Ave is a 21-units apartment in Downtown Santa Monica. It is located on Ocean Ave between California Ave and Washington Ave. It is located a block away from Third Street Promenade on Wilshire Blvd, across the street from Palisades Park that offers unobstructed ocean view of Pacific Ocean, Santa Monica Beach, Santa Monica Pier and Southern California coastline. It is within walking distance to all the best amenities Santa Monica has to offer, including Metrolink light-rail station on Colorado Ave. It has a strong demographics of $143,000 average household income within a 3-mile radius and has superb access to FWY 10 and CA-1N (Pacific Coast Highway) is a street away. The property is a 2-1/2 story apartment that was built in 1922. It has a total of 15,005 square feet building size (per profile) and situated on a 11,260 square feet R3 lot. It is surrounded by much higher density residential properties on its left and right. Unit mix consists of four (4) 2bedroom+1bathroom, eight (8) 1bedroom+1bathroom, eight (8) studio, and one (1) penthouse-1bedroom+1bathroom. The property is master metered for electricity, gas and water. It is under Santa Monica Rent Stabilization Ordinance (rent control). It has a shared laundry room. Several units have been upgraded and one unit can be delivered vacant at close of escrow. Parking is provided by 6 garage parking in the back (alley access). Listed by Handoko Chen, Gig Real Estate Inc..

Description

MLS# AR18256427

1045 Ocean Ave is a 21-units apartment in Downtown Santa Monica. It is located on Ocean Ave between California Ave and Washington Ave. It is located a block away from Third Street Promenade on Wilshire Blvd, across the street from Palisades Park that offers unobstructed ocean view of Pacific Ocean, Santa Monica Beach, Santa Monica Pier and Southern California coastline. It is within walking distance to all the best amenities Santa Monica has to offer, including Metrolink light-rail station on Colorado Ave. It has a strong demographics of $143,000 average household income within a 3-mile radius and has superb access to FWY 10 and CA-1N (Pacific Coast Highway) is a street away. The property is a 2-1/2 story apartment that was built in 1922. It has a total of 15,005 square feet building size (per profile) and situated on a 11,260 square feet R3 lot. It is surrounded by much higher density residential properties on its left and right. Unit mix consists of four (4) 2bedroom+1bathroom, eight (8) 1bedroom+1bathroom, eight (8) studio, and one (1) penthouse-1bedroom+1bathroom. The property is master metered for electricity, gas and water. It is under Santa Monica Rent Stabilization Ordinance (rent control). It has a shared laundry room. Several units have been upgraded and one unit can be delivered vacant at close of escrow. Parking is provided by 6 garage parking in the back (alley access). Listed by Handoko Chen, Gig Real Estate Inc..

Area
AREA: C14 - Santa Monica
COUNTY: LA
Building Info
STORIES: 3
COMMON WALLS: 2+ Common Walls
PARKING: Assigned
COOLING: None
HEATING: Wall Heater
VIEW: Coastline, Ocean, Panoramic
POOL: None
LAUNDRY: Area, Community
Interior Features
APPLIANCES: Gas Range, Gas Water Heater, Refrigerator
FIREPLACE: None
Exterior Features
LOT: Lot 10000-19999 Sqft, Lot Shape-Rectangular, Lot-Level/Flat, Near Public Transit, Park Nearby, Value In Land
ROOFING: Shingle
Garage & Parking
PARKING SPACES: 6.00
GARAGE SPACES: 6.00
CARPORT SPACES: 0.00
UNCOVERED SPACES: 0.00
Community
HOA DUES 1: 0.00
COMMUNITY: Urban
UNITS TOTAL: 21
STORIES TOTAL: 3
Land
WATER: Public
ASSESSMENTS: Buyer to Verify
LOT NUMBER: 0
TRACT NUMBER: 0
ZONE: SMR3*
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