1802 Ocean Park Blvd, Santa Monica, CA 90405 - View 1
1802 Ocean Park Blvd, Santa Monica, CA 90405 - View 2
1802 Ocean Park Blvd, Santa Monica, CA 90405 - View 3

1802 Ocean Park Blvd, Santa Monica, CA 90405

Sale Price: $3,000,000
May 24, 20245,968 sqft13 beds7 baths
Listed by: D. Timothy Byrne
License #: 01186465
Phone #: 310-801-3442
Compass
Source:
CRMLS Logo
MLS #: 24395129

Property Description

1802 Ocean Park Blvd, located in the Sunset Park neighborhood of Santa Monica is a pride of ownership seven-unit, 5,968 sq. ft., apartment building situated on a 6,905 sq. ft., lot zoned SMR3 built in 1949. The property consists of (4), 2 bedrooms, 1 bath unit located in the front building. Each unit has a spacious kitchen, washer dryer hook-ups and access to a rear service patio. The rear building consists of (2), 2 bedrooms, 1 bath units on the 2nd floor with (1), 1 bedroom, 1 bath until on the 1st floor. The building will be delivered with 5 units VACANT. The building has 6 parking garages of which 5 are currently rented. With its well-maintained exterior and stylish landscaped surroundings this building has great curb appeal which adds to the overall value of the property. The building's prime location adjacent to Sunset Park Village offers access to a great list of amenities including top-rated schools, trendy dining options, boutique shopping, parks, and recreation areas, making it an ideal choice for tenants seeking a Southern California lifestyle. To name a few great shops and restaurants there are: Local Kitchen & Wine Bar, Thyme Cafe & Market, Brook Rod, Bob's Market, Love Coffee, Handel's Ice Cream and Santa Monica Yoga. The educational school include, Little Dolphin Preschool, Will Rogers Elementary, John Adams Middle School, and Santa Monica City College. For Value Add - Perfect opportunity to covert the garage into ADU's - Possibly 2!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$39,360

TurboHome Estimated Value

$2,909,500

$488 sqft

High Valuation
$3,054,975
$512/sqft
Normal Valuation
$2,909,500
$488/sqft
Low Valuation
$2,764,025
$463/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$488/sqft$2,909,500

Neighborhood

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Comparative Value

$2.63M

$3.00M

$3.19M

443 Bay St, Santa Monica, CA 90405

Sale Price: $2,625,000

Selected Comparable

1802 Ocean Park Blvd, Santa Monica, CA 90405

Sale Price: $3,000,000

Selected Comparable

1802 Ocean Park Blvd, Santa Monica, CA 90405

List Price: $3,195,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1802 Ocean Park Blvd, Santa Monica, CA 90405

1802 Ocean Park Blvd, Santa Monica, CA 90405

List: $3,195,000

Listed: 5/24/2024

Area:5,968 sqft
Price/sqft:$535
Beds:13
Baths:7
Year Built:
Lot Size:6,905

Comparable Properties

COMPARABLE
Choose comps
1802 Ocean Park Blvd, Santa Monica, CA 90405

1802 Ocean Park Blvd, Santa Monica, CA 90405

Sale: $3,000,000

3/4/20250.00 mi

Area:5,968 sqft
Price/sqft:$503
Beds:13
Baths:7
Year Built:
Weight:55.9%
443 Bay St, Santa Monica, CA 90405

443 Bay St, Santa Monica, CA 90405

Sale: $2,625,000

6/17/20251.24 mi

Area:5,532 sqft
Price/sqft:$475
Beds:13
Baths:8
Year Built:
Weight:44.1%

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