2410 Ocean Park Blvd - Apartments FOR SALE


Santa Monica, CA 90405- Sunset Park
$2,050,000 USD
310-968-5303
2410 Ocean Park Blvd, Santa Monica, CA for Sale
$2,050,000 USD
Apartments - FOR SALE
1/7
null | 5.45% Cap Rate

2410 Ocean Park Blvd
Santa Monica, CA 90405
Sunset Park


HIGHLIGHTS

  • 7-unit multifamily property in prime Santa Monica location of Sunset Park
  • Built in 1975 by the Seller’s family
  • Strong and diverse unit mix
  • Significant rental upside potential
  • Minutes to Main Street, offering top-tier dining, retail, cafés, and nightlife

OVERVIEW

Jonathan Taksa of the Taksa Investment Group is truly pleased to present a generational investment opportunity. Offered as part of a rare six-property portfolio, 2410 Ocean Park Blvd, Santa Monica, CA 90405 presents an excellent opportunity to acquire a well-located, low-density asset with strong in-place fundamentals and significant rental upside in the heart of Sunset Park, one of Santa Monica’s most desirable residential neighborhoods. Built in 1975 by the Seller’s family, the property reflects long-term ownership and pride of stewardship, a theme consistent throughout the portfolio. The property consists of 7 thoughtfully designed units featuring a diverse and highly functional unit mix, including 4 onebedroom/one-bath units, 2 two bedroom/two-bath units, and 1 unique two-story two-bedroom/two-and-a-half-bath unit. This variety of unit types allows the asset to appeal to a broad tenant base, from singles to families, while the inclusion of a townhouse-style unit adds a level of differentiation rarely found in smaller assets. The units offer dynamic and efficient layouts flooded with natural light, complemented by nicely landscaped grounds that create an inviting and residential living environment. The property also features gated on-site parking and an on-site laundry facility, providing key amenities that enhance tenant retention and overall desirability. With substantial rental upside, a new owner has the opportunity to reposition the asset and capture meaningful income growth, capitalizing on both the property’s strong fundamentals and its premier coastal location. From a location standpoint, 2410 Ocean Park Blvd is ideally situated in Santa Monica’s highly sought-after Sunset Park neighborhood, known for its balance of residential charm and accessibility to lifestyle amenities. The property is just minutes from Main Street, a vibrant retail and dining corridor featuring popular restaurants, cafés, boutiques, and nightlife, as well as Santa Monica Beach, offering immediate access to the ocean and outdoor coastal lifestyle. The surrounding area provides convenient access to neighboring Westside hubs including Venice, Mar Vista, and broader Santa Monica, along with proximity to highly regarded schools such as Santa Monica High School. Residents benefit from a walkable, lifestyle-driven neighborhood with strong demand fundamentals supported by coastal proximity, employment access, and a vibrant local amenity base. For investors seeking a charming, well-located asset with strong rental upside and diverse unit mix in a premier coastal market, 2410 Ocean Park Blvd represents a compelling acquisition opportunity.

FOR SALE DETAILS

PRICE

$2,050,000 USD

PRICE/SF

$324 USD /SF

# OF UNITS

7

PRICE/UNIT

$292,857

CAP RATE

5.45%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 Units in Santa Monica: 1st Time for Sale!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,435 SF

ZONING

SMR3*

APN/PARCEL ID

4272-023-036

ASK ABOUT THIS PROPERTY

Jonathan TaksaRE/MAX Commercial & Investment RealtyMore Info
310-968-5303

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Jonathan TaksaRE/MAX Commercial & Investment RealtyMore Info
310-968-5303

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.