Description

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 ofSunset 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 one bedroom/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, cafes, 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 SantaMonica, 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.