2404 Ocean Park Blvd
Santa Monica, CA, 90405
$1,470,000
3 Beds
3 Baths
1,122 SqFt
0.08 Acres
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**Seller is offering a rate buy-down to 5.625% for qualified buyers, lowering the monthly mortgage payments by nearly $1,000! This property and rate will not last! After net expenses, a buyer could expect to pay approximately $1,993 per month, which is less than the average rent in Santa Monica!**

This turnkey Mid-Century style triplex is located in the heart of Santa Monica&#39's Sunset Park, just steps from everything Ocean Park Blvd has to offer. It’s perfect for someone looking to live in one unit and rent out the others.

The property features two fully remodeled vacant 1-bedroom units and a studio unit, allowing a buyer the opportunity to move in immediately at the close of escrow. Each unit features hardwood floors, vaulted ceilings, recessed lighting, AC, and stylish finishes like backsplash tile and stainless steel appliances in the kitchen. The one-bedroom units each enjoy a huge private fenced patio, which will extend your living and entertaining space, especially for those beautiful Santa Monica summer days. As a bonus, this gives a big boost to your potential rental income. Major system upgrades include copper plumbing, updated drain lines, upgraded electrical systems, and new water heaters, providing peace of mind to any buyer. Additionally, on-site storage containers offer extra utility and can generate additional income. A buyer can also build 3 additional units and generate up to a 8.37% cap rate!

With an unbeatable walk score, this property is located near Trader Joe&#39's, Whole Foods, Clover Park, Grant Elementary, John Adams Middle School, and a variety of local cafes and restaurants. A perfect fit for a young professional, couple, or small family, this duplex offers the ideal combination of lifestyle, location, and long-term upside in a highly sought-after Santa Monica neighborhood.

Property Details

Price:
$1,470,000
MLS #:
SB25120412
Status:
Active
Beds:
3
Baths:
3
Address:
2404 Ocean Park Blvd
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c14santamonica
City:
Santa Monica
Listed Date:
May 28, 2025
State:
CA
Finished Sq Ft:
1,122
ZIP:
90405
Lot Size:
3,357 sqft / 0.08 acres (approx)
Year Built:
1948
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Schools

School District:
Santa Monica-Malibu Unified

Interior

Accessibility Features
Parking
Cooling
Central Air
Fireplace Features
None

Exterior

Community Features
Urban
Garage Spaces
3.00
Lot Features
0-1 Unit/ Acre
Parking Spots
3.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
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Water Source
Public

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