1045 Ocean Ave

$15,990,000, 15,005 Sqft ¼ Acres 6 Garages

About This Property

Steps from the beach in Santa Monica and walking distance to some of the best amenities in Santa Monica (world-famous Santa Monica Beach, Santa Monica Pier, Santa Monica Third Street Promenade, etc.), 1045 Ocean Avenue offers investor a once-in-a-lifetime opportunity to own an apartment asset in a truly irreplaceable location that could be considered as one of the best location in Southern California. 1045 Ocean Ave is a 20-unit 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. 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. Several units have been upgraded and six units can be delivered vacant at close of escrow.

Essential Information

MLS® #AR19163260MR
Price$15,990,000
Bathrooms0.00
Square Footage15,005
Acres0.25
Year Built1922
TypeResidential Income
Sub-TypeApartment
StatusActive

Community Information

Address1045 Ocean Ave
AreaSanta Monica
CitySANTA MONICA
CountyLos Angeles
StateCA
Zip Code90403

Amenities

Parking Spaces6
# of Garages6
GaragesAssigned
PoolNone

View

Ocean, Panoramic, Coastline, Peek-A-Boo, Water

Interior

HeatingWall
CoolingWall/Window
FireplacesNone
# of Stories3

Additional Information

Date ListedJuly 10th, 2019
Days on Market10
ZoningSMR3*

Listing Details

AgentHandoko Chen (01749321)
OfficeGIG Real Estate Inc.

Get directions to this property:

The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, 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. Any property information 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, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Listing information last updated on July 21st, 2019 at 6:45am PDT.

Have a Question?

Contact Us

Follow Us