**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’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 includes 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 boast to your potential rental income. Major system upgrades include copper plumbing, updated drain lines, updated electrical, and new water heaters, giving 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’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 #:
25544989
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
c14santamonica
Listed Date:
Jun 2, 2025
Lot Size:
3,266 sqft / 0.08 acres (approx)
Year Built:
1948
See this Listing
Schools
Interior
Appliances
Dishwasher, Microwave
Exterior
Parking Features
Carport
Parking Spots
3.00
Financial
Map
Community
- Address2404 Ocean Park Boulevard Santa Monica CA
- NeighborhoodC14 – Santa Monica
- CitySanta Monica
- CountyLos Angeles
- Zip Code90405
Subdivisions in Santa Monica
Market Summary
Current real estate data for Residential Income in Santa Monica as of Oct 22, 2025
52
Residential Income Listed
194
Avg DOM
$3,827,341
Avg List Price
Property Summary
- 2404 Ocean Park Boulevard Santa Monica CA is a Residential Income for sale in Santa Monica, CA, 90405. It is listed for $1,470,000
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