We are thrilled to offer an exclusive opportunity to acquire 802 Ozone Street, a thoughtfully designed 4-Unit apartment building exceptionally located within the Ocean Park submarket of Santa Monica. The building offers a rare unit mix consisting of (1) Large 4-Bedroom 2.5-Bathroom unit, (1) 3-Bedroom 2-Bathroom unit, and (2) 1-Bedroom… Read More 1-Bathroom units. Not only does the opportunity provide a favorable unit mix, but it could also be delivered with the 3-bedroom 2-bathroom unit vacant or occupied depending on buyer's preference! Nestled west of Lincoln Boulevard and north of Rose Avenue, this prime location offers unparalleled access to Venice Beach, Penmar Golf Course, Abbot Kinney Blvd, and Main Street. Tenants of 802Ozone Street will have no shortage of things to do, with vibrant nightlife, fine dining establishments, daily essentials, and an abundant amount of entertainment all within close proximity. 802 Ozone Street offers a unique opportunity to acquire a trophy asset in Santa Monica. The subject property's ability to be delivered vacant opens the door for owner-occupied investors to easily execute the infamous "house-hacking" strategy and also offers traditional investors an opportunity to acquire a high cash-flowing well-located asset poised for strong long-term appreciation. Read Less
Listing Snapshot
Days Online
8
Last Updated
Beds
3
Square Ft.
3,299
Lot Size
0.13 Acres
Year Built
1951
MLS Number
26654195
Additional Details
Building
Built in 1951, Living area: 3299.0, 3 buildings, Levels: MultiSplit
Income
Gross Income: $172,471, Net Operating Income: $110,685
Lot
0.126 acres
Taxes
Parcel Number: 4287032032, Zoning: SMOP1*
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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