Property Spotlight

1045 Ocean Avenue

Santa Monica

Originally built in 1922 as a hotel, this stately colonial revival features 21 rental income units with spectacular ocean views across from Palisades Park at the California Incline in Santa Monica. With over 15,000 square feet of multi-unit living space, the property features 3 separate levels and a penthouse with a spacious veranda overlooking the Pacific Ocean.

Residing on prestigious Ocean Avenue – just a short distance from the restaurants and shops of 3rd Street Promenade, the infamous Santa Monica Pier, and the beach – this is truly a trophy property with tremendous opportunities for future development.

Offered by Todd Mitchell at $15,950,000