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901 Ocean Ave
Santa Monica, CA 90403 Wilshire Montana

$27,500,000 USD

Apartments For Sale  •  30,954 SF

Property Details

  • Property Type Apartments
  • Total Building Size 30,954 SF
  • Lot Size 0.34 AC
  • Building Class B
  • Year Built 1961
  • Cap Rate 4.60 %
  • Zoning SMR3
62 Transit Score
74 Walk Score

Highlights

100 Feet of Ocean Avenue Frontage | Bluff-Top Ocean Avenue Positioning with Protected Coastal View Corridors and Immediate Beach Access
Steps from Palisades Park Providing Open Green Space and Unobstructed Oceanfront Surrounding
Walking Distance to the Pacific Ocean Including Santa Monica State Beach, Jonathan Club, and Annenberg Community Beach House
Excellent Unit Mix of 18 (1+1’s) and 10 (2+2’s)
±30,954 SF Building Size on ±15,011 SF Corner-Double Lot
Rooftop Deck with Unobstructed Coastline Views, Gated Pool, Lounge Areas, BBQ, Fire Pit, Elevator Service, On-Site Laundry and more!

Financial Summary (Actual)

Net Operating Income: $1,264,388 USD (2025)
Cap Rate: 4.60 %
Total Expenses: $611,225 USD

Major Tenants

Tenant SF Occupied Lease End Date
Capridge Capital

Amenities

  • Balcony
  • Controlled Access
  • Courtyard
  • Dishwasher
  • Disposal
  • Laundry Facilities
  • Pool
  • Property Manager on Site
  • Storage Space
  • Waterfront
  • Gated
  • Heating
  • Cabana
  • Furnished Units Available
  • Grill
  • Walking/Biking Trails
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Views
  • Bicycle Storage
  • Car Charging Station
  • Elevator
  • Lounge
  • Sundeck
  • Double Pane Windows
  • Smoke Detector
  • Floor to Ceiling Windows

Public Transportation

AirportDriveWalkDistance
Los Angeles International 20 min - 9.8 mi
Bob Hope 37 min - 24.8 mi
Long Beach (Daugherty Field) 40 min - 30.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 33
Type: Covered
Included in Rent: Yes
Priscilla Nee 310-550-2508 CBRE, Inc.
Priscilla Nee 310-550-2508 CBRE, Inc.