618 PACIFIC ST
SANTA MONICA, CA 90405
OFFERING METRICS WITHOUT ADU CONVERSION
PRICE PER SF
PRICE PER UNIT
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.
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