2317 Ocean Park Boulevard

Santa Monica, CA 90405

$1,322,500
Last Sold Price
4
Beds
4
Baths
1,916 Sq. Ft.
$690 / Sq. Ft.
1,916
Sq. Ft.
$690
per Sq. Ft.

Description

Best value 4-Plex in Santa Monica!! Can be sold with adjacent 4-Plex for a total of 8 units. This charming 4-unit single-story apartment is located in a prime area of Santa Monica. The building is comprised of 4, 1 bedroom / 1bath units. 1 of the 4 units has been completely remodeled and all the units feature beautiful hardwood floors. There are 4 on-site garages, 3 of which are rented separately for $200 per month. The exterior features a serene courtyard setting with drought tolerant landscaping,...Best value 4-Plex in Santa Monica!! Can be sold with adjacent 4-Plex for a total of 8 units. This charming 4-unit single-story apartment is located in a prime area of Santa Monica. The building is comprised of 4, 1 bedroom / 1bath units. 1 of the 4 units has been completely remodeled and all the units feature beautiful hardwood floors. There are 4 on-site garages, 3 of which are rented separately for $200 per month. The exterior features a serene courtyard setting with drought tolerant landscaping, private backyards and a new fence. The units are separately metered for gas and electric. Conveniently located near schools, public transportation, shopping, and Santa Monica entertainment. This is a true gem that wont last long. Please do not disturb tenants.

Listing Agents

  1. Matthew O'Keefe

    Matthew O'Keefe

    Listing Agent

    Compass

    DRE #01356816

  2. Karee Rowen

    Karee Rowen

    Alternative Listing Agent

    Compass

    DRE #02079574

Property Details for 2317 Ocean Park Boulevard

Water Front
None
Zoning
SMR3*
Style
Contemporary
Parcel Number
4273012014
Total Units
4.0
Living Area
1916
Source Living Area
Assessor
Area
Santa Monica (C14)

Location

Listing Courtesy of Compass, Matthew O'Keefe, DRE #01356816; Compass, Karee Rowen, DRE #02079574

Sold By Compass, Matthew O'Keefe, DRE #01356816

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LISTING UPDATED: 02/19/2021 09:30 AM

Property Details for 2317 Ocean Park Boulevard

StatusSold
MLS #20-623312
Days on Market116
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1937
Lot Size0.11 AC / 4,952 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Matthew O'Keefe, DRE #01356816; Compass, Karee Rowen, DRE #02079574

Sold By Compass, Matthew O'Keefe, DRE #01356816

Add your commute

Building Information for 2317 Ocean Park Boulevard

Stories1Residences-Year Built1937Building Size-Lot Size0.11 AC / 4,952 SF

Payment Calculator

$8,624 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,217

Property Taxes

$1,407

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2317 Ocean Park Boulevard

Community / Development
Community / Development
  • Number Of Units: 4
  • Amenities: None
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: 1+1
  • View: No
  • View Description: None
  • View: None
  • Security Features: Smoke Detector, Gated, Carbon Monoxide Detector(s)
  • Direction Faces: South
  • Water: Public
  • Sewer: In Street
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $89,544
  • Net Operating Income: $66,955.00
  • Gross Income: $89,544
  • Cap Rate: 4.20%
  • Gross Rent Multiplier: $16.39
  • Garage Income: $600
  • Total Annual Expense: 22589
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1137
  • Lot Size Square Feet: 4952
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Levels: Ground Level
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Cooling Type: None
  • Heating: Floor Furnace
  • Heating Type: Floor Furnace
  • Flooring: Hardwood, Linoleum
  • Equipment: Cable, Range/Oven
  • Common Walls: Attached
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Composition
  • Sprinklers: Drip System
  • Foundation Details: None
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-25-2020
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,938.00
  • Unit Actual Rent: $1,938.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,600.00
  • Unit Actual Rent: $2,600.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,457.00
  • Unit Actual Rent: $1,457.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,067.00
  • Unit Actual Rent: $1,067.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $343,278.00
  • Assessed Improvement Percent: 28.89
  • Assessed Land Value: $844,995.00
  • Assessed Land Percent: 71.11
  • Assessed Total Value: $1,188,273.00

Property History for 2317 Ocean Park Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2317 Ocean Park Boulevard

Taxable ValueLand$1,144,440Additions$231,889Total$1,376,329
Tax Record2023$16,879 ($1,407 / month)
Home Facts
Total Finished SqFt1,916 SqFtAbove Grade Finished SqFt1,916 SqFtLot Size4,952 SqFtStyleQuadraplexYear Built1937ZoningSMR3*CountyLOS ANGELESAPN4273-012-014

Schools near 2317 Ocean Park Boulevard

This home is within Santa Monica-Malibu Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Grant Elementary School
PublicK to 5

John Adams Middle School
Public6 to 8

Santa Monica High School
Public9 to 12

Juan Cabrillo Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Matthew O'Keefe, DRE #01356816; Compass, Karee Rowen, DRE #02079574

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided 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 CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. 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. For the avoidance of doubt, 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.