301 Ocean Ave | Santa Monica, CA 90402
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- LoopNet Team
301 Ocean Ave
Santa Monica, CA 90402
301 Ocean · Multifamily Property For Sale · 38 Units
Investment Highlights
- Premier coastal “north of Montana” bluff location
- Fully renovated, beautifully maintained luxury building and garden style low density living
- Close to Santa Monica dining, shopping, cultural and entertainment venues
- All 1-bedroom and 2-bedroom units have spectacular ocean views and best-in-class common area amenities
- Full rent collections with no deferrals or delinquencies
- Proximate to Silicon Beach and West LA employers and upscale neighborhood with many home values at $5-$12 million
PROPERTY FACTS
| No. Units | 38 | Lot Size | 1.00 AC |
| Property Type | Multifamily | Building Size | 37,989 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built/Renovated | 1952/2017 |
| Building Class | B | Parking Ratio | 1.58/1,000 SF |
| No. Units | 38 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 1.00 AC |
| Building Size | 37,989 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1952/2017 |
| Parking Ratio | 1.58/1,000 SF |
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Satellite TV
- Oven
- Stainless Steel Appliances
- Range
- Views
- Wheelchair Accessible (Rooms)
Site Amenities
- Business Center
- Concierge
- Courtyard
- Fitness Center
- Property Manager on Site
- Spa
- Doorman
- Dry Cleaning Service
- Maid Service
- Media Center/Movie Theatre
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | - | - |
| 1+1 | 10 | - | - |
| 2+2 | 13 | - | - |
| 2+1 | 5 | - | - |
PROPERTY TAXES
| Parcel Number | 4293-003-021 | Improvements Assessment | $31,212,000 |
| Land Assessment | $41,616,000 | Total Assessment | $72,828,000 |
PROPERTY TAXES
Parcel Number
4293-003-021
Land Assessment
$41,616,000
Improvements Assessment
$31,212,000
Total Assessment
$72,828,000
zoning
| Zoning Code | R-4 (Multiple Dwelling) |
| R-4 (Multiple Dwelling) |
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