A truly rare offering, this trophy triplex has been owned by the same family for approximately 60 years and reflects long-term pride of ownership. Properties of this caliber, stability, and provenance seldom come to market, making this an exceptional opportunity for the discerning investor seeking a generational asset.
The property features a well-balanced unit mix consisting of a one-bedroom, one-bath unit of approximately 680 square feet, a two-bedroom, one-bath unit of approximately 823 square feet, and a second one-bedroom, one-bath unit of approximately 715 square feet. One of the one-bedroom units has been completely remodeled and includes its own private patio, adding meaningful lifestyle appeal and enhanced rental value.
Each unit is equipped with its own private garage and individual laundry, amenities that are increasingly rare and highly desirable in today’s multifamily market. Set on a generously sized lot, the property offers strong in-place income with long-term appreciation potential in a supply-constrained location. A compelling opportunity to acquire a thoughtfully maintained, legacy investment with enduring appeal.
The property features a well-balanced unit mix consisting of a one-bedroom, one-bath unit of approximately 680 square feet, a two-bedroom, one-bath unit of approximately 823 square feet, and a second one-bedroom, one-bath unit of approximately 715 square feet. One of the one-bedroom units has been completely remodeled and includes its own private patio, adding meaningful lifestyle appeal and enhanced rental value.
Each unit is equipped with its own private garage and individual laundry, amenities that are increasingly rare and highly desirable in today’s multifamily market. Set on a generously sized lot, the property offers strong in-place income with long-term appreciation potential in a supply-constrained location. A compelling opportunity to acquire a thoughtfully maintained, legacy investment with enduring appeal.
Property Details
Price:
$1,599,000
MLS #:
SB26007288
Status:
Pending
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Neighborhood:
c14santamonica
Listed Date:
Mar 26, 2026
Total Sq Ft:
2,222
Lot Size:
7,002 sqft / 0.16 acres (approx)
Year Built:
1940
See this Listing
Schools
Interior
Cooling
NO
Heating
WL
Laundry Features
IK
Levels
A
Exterior
Architectural Style
BNG
Common Walls
_1CW
Community Features
BIKI
Construction Materials
STC
Garage Spaces
5
Parking Spots
5
Parking Total
5
View
NO
Financial
Map
Community
- Address1502 Ocean Park Santa Monica CA
- CitySanta Monica
- CountyLos Angeles
- Zip Code90405
Market Summary
Current real estate data for Single Family in Santa Monica as of Apr 07, 2026
439
Single Family Listed
95
Avg DOM
450
Avg $ / SqFt
$1,827,583
Avg List Price
Property Summary
- 1502 Ocean Park Santa Monica CA is a Single Family for sale in Santa Monica, CA, 90405. It is listed for $1,599,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1940. The average price per square foot for Single Family listings in Santa Monica is $450. The average listing price for Single Family in Santa Monica is $1,827,583.
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