PACIFIC APARTMENTS
618 PACIFIC ST
SANTA MONICA, CA 90405

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OFFERING METRICS WITHOUT ADU CONVERSION

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LISTING PRICE

$2,998,000

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GROSS SF

±3,430 SF

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LAND SF

±5,633 SF

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PRICE PER SF

$532.22

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PRICE PER UNIT

$749,500

PROPERTY OVERVIEW

Aggregate Investment Partners is pleased to present the opportunity to purchase Pacific Apartments, an exceptional 4-plex in Prime Santa Monica, California. 618 Pacific Street is located in upmost desired Ocean Park neighborhood in Santa Monica. The property has been completely remodeled featuring: private patio (front owner’s unit), engineered wood flooring, new kitchen with lustrous quartz stone countertops, stainless-steel appliances, open floorplan to the dining room area with sliding doors, and a large living room. The two full bathrooms are newly remodeled with modern glass shower, dual sinks in the master bedroom. This income property is perfect for an owner/user to occupy the owner’s unit and enjoy the rental income from the remaining units, or for an investor to purchase it as an investment property with approx. 44% in rental upside.


618 Pacific Street has a total building size of ±3,430 SF, sitting on a ±5,633 SF lot. The property has a great unit mix of (2) 1 Bed / 1 Bath, (1) 2 Bed / 1.5 Bath, and (1) 2 Bed / 2 Bath owner’s unit. There’s an onsite laundry room in the back of the property. The rear parking lot offers plenty of parking for 8 – 10 cars. Buyer to verify all information herein. Broker/Agent and Seller does not guarantee its accuracy.


The property is conveniently located with easy access to the 10, 1/PCH, 405 freeways, and just blocks from the beach, Santa Monica Pier, Downtown Santa Monica, Herb Katz Dog Park, and Santa Monica High School.

 

OPPORTUNITY HIGHLIGHTS

  • Located in Ocean Park, Prime Santa Monica 

  • Fully renovated 4-plex

  • Great Unit Mix (2) 1 Bed / 1 Bath, (1) 2 Bed / 1.5 Bath, (1) 2 Bed / 2 Bath Owner's Unit ​

  • Approximately 44% in Rental Upside 

  • Features: Private Patio, Engineered Wood Flooring, New Kitchen with Quartz Stone Countertops, Stainless-steel Appliances, Modern Glass Shower, Dual Sinks in Master Bath 

  • Easy Access to the 10, 1/PCH, 405 Freeways

  • Blocks from the Beach, Santa Monica Pier, Downtown Santa Monica, Herb Katz Dog Park, Santa Monica High School

 

LOCATION MAP

 

CONTACTS

STEVE CHANG
Senior Partner

626.381.9885

Stevechang@KW.com

Cal DRE #02028509