x
Water Views
Address
1045 Ocean Avenue Santa Monica, CA
Price
$ 16,000,000
Property Attributes
  • MLS#AR18256427
  • TypeIncome
  • CountyLOS ANGELES
  • CitySanta Monica
  • AreaSanta Monica
  • Zip90403
  • Style
  • Price$ 16,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15005
  • Lot Size11,260 SqFt
Listing Provided Courtesy Of:
Handoko Chen with GIG Real Estate Inc..
Property Description

1045 Ocean Ave is a 21-units apartment in Downtown Santa Monica. It is located on Ocean Ave between California Ave and Washington Ave. It is located a block away from Third Street Promenade on Wilshire Blvd, across the street from Palisades Park that offers unobstructed ocean view of Pacific Ocean, Santa Monica Beach, Santa Monica Pier and Southern California coastline. It is within walking distance to all the best amenities Santa Monica has to offer, including Metrolink light-rail station on Colorado Ave. It has a strong demographics of $143,000 average household income within a 3-mile radius and has superb access to FWY 10 and CA-1N (Pacific Coast Highway) is a street away. The property is a 2-1/2 story apartment that was built in 1922. It has a total of ±15,005 square feet building size (per profile) and situated on a ±11,260 square feet R3 lot. It is surrounded by much higher density residential properties on its left and right. Unit mix consists of four (4) 2bedroom+1bathroom, eight (8) 1bedroom+1bathroom, eight (8) studio, and one (1) penthouse-1bedroom+1bathroom. The property is master metered for electricity, gas and water. It is under Santa Monica Rent Stabilization Ordinance (rent control). It has a shared laundry room. Several units have been upgraded and one unit can be delivered vacant at close of escrow. Parking is provided by 6 garage parking in the back (alley access).

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
10/22/2018 Listed $16,000,000

General Features

Attached Structure Attached
Community Features Urban
Directions north of Wilshire Blvd, between California Ave and Washington Ave
HOA Fee 0.00
Levels Three Or More
Listing Agent Handoko Chen - BRE#01749321
Listing Agent State License 01749321
MLS Area C14 - Santa Monica
Price Per Square Foot 1066.31
Property Attached Y/N Yes
Spa Features None
Special Listing Conditions Standard
Total Units 21
Zoning SMR3*

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Appliances Gas Range, Gas Water Heater, Refrigerator
Appliances Y/N Yes
Common Walls 2+ Common Walls
Cooling None
Fireplace Features None
Garbage Disposal Count 21
Heating Wall Heater
Heating Y/N Yes
Laundry Features Area, Community
Laundry Y/N Yes
Range Count 21
Refrigerator Count 21
Studio Area Unit Type Square Feet
Total Stories 3

Exterior Features

Building Area Total 15005.00
Carport Spaces 0.00
Garage Spaces 6.00
Lot Features Lot 10000-19999 Sqft, Lot Shape-Rectangular, Lot-Level/Flat, Near Public Transit, Park Nearby, Value In Land
Lot Size Acres 0.2585
Lot Size Area 11261.0000
Lot Size Source Assessor
Lot Size Square Feet 11261.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 1
Number of Separate Gas Meters 1
Number of Separate Water Meters 1
Parking Features Assigned
Parking Y/N Yes
Pool Features None
Roof Shingle
Sewer Public Sewer
Total Parking 6.00
Uncovered Spaces 0.00
View Coastline, Ocean, Panoramic
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90403

Price
AVG $4.65M
$16M
Visits
AVG 50
159
Year Built
AVG 1950
1922
Walkscore
AVG 73
87

Looking for more comfortable experience?

Check out our mobile application and browse the properties as no other.