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653 Marine St

4 Unit Apartment Building $3,500,000 ($875,000/Unit) Santa Monica, CA 90405

INVESTMENT HIGHLIGHTS

  • Prime location! Amazing resort-style complex on large corner lot.
  • Non-rent-controlled Architectural building
  • Building and 4-car garage has already been earthquake-retrofitted
  • Six blocks from the beach. In the heart of Santa Monica's vibrant Ocean Park.
  • All units delivered vacant, except stand-alone house
  • Walk to beach, Main Street, Starbucks, Whole Foods, and brand-new Nike Running Studio

EXECUTIVE SUMMARY

Just six blocks from the beach, this spectacular compound consists of (4) distinct residences:
Unit 1: Light-filled 2-Story Townhouse (2 bedroom, 2 bathroom) with vaulted ceilings, foyer, lots of natural light, custom kitchen, bathrooms, french doors, hardwood floors, private sundecks, and grass yard.
Unit 2: Stand-Alone House (1 bedroom, 1 bathroom) with vaulted ceiling, custom bathroom, bedroom, kitchen (Viking stove, Subzero), maple hardwood floors, fireplace, french doors, private sundeck and grass yard.
Unit 3: Light-filled Upstairs Apartment (2 bedroom, 1 bathroom) with vaulted ceiling and all day natural light, hardwood floors, private sundecks, and custom bathroom.
Unit 4: Charming Studio with custom kitchen, bathroom, Spanish tile floors, french doors, private entrance and patio.

ATTACHMENTS

653 Marine OM

PROPERTY FACTS

Price $3,500,000
Price Per Unit $875,000
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Office Office Residential
Apartment Style Low Rise
Building Class C
Lot Size 0.11 AC
Building Size 3,094 SF
No. Stories 2
Year Built 1988
Parking Ratio 1.29/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Kitchen
  • Vaulted Ceiling
  • Refrigerator
  • Oven
  • Tub/Shower
  • Views
  • Yard
  • Deck

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 1 - -
1+1 2 - -
2+1 1 - -
Walk Score®
Very Walkable (77)
Bike Score®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

ZONING

Zoning Code SMOP1*
SMOP1*
  • Listing ID: 31534730

  • Date on Market: 4/17/2024

  • Last Updated:

  • Address: 653 Marine St, Santa Monica, CA 90405

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