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1045 Ocean AVE SANTA MONICA CA 90403 | MLS AR18256427MR - Outland and Associates Real Estate

1045 Ocean AVE SANTA MONICA CA 90403 | MLS AR18256427MR

1045 Ocean AVE
SANTA MONICA, CA, 90403
$16,000,000
Beds
Baths
15,005 SqFt
0.25 Acres
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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

Property Details

Price:
$16,000,000
MLS #:
AR18256427MR
Status:
Active
Address:
1045 Ocean AVE
Type:
Residential Income
City:
SANTA MONICA
Listed Date:
Oct 22, 2018 (93 days)
State:
CA
Square Ft (approx):
15,005
ZIP:
90403
Lot Size:
11,261 sqft / 0.25 acres (approx)
Year Built:
1922

Schools

Interior

CookingAppliances
Range
Cooling
None
Heating
Wall
Laundry
Community, Laundry Area

Exterior

CommonWalls
Attached
CommunityFeatures
Urban
ParkingGarage
Assigned
PoolDescription
None
Roof
Shingle
Spa
None

Financial

LandLeaseType
Fee

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Courtesy of Handoko Chen at GIG Real Estate Inc.. The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). This site was last updated 2019-01-23.
1045 Ocean AVE
SANTA MONICA, CA