2404 Ocean Park Boulevard, Santa Monica, CA 90405
Local realty services provided by:ERA North Orange County Real Estate
2404 Ocean Park Boulevard,Santa Monica, CA 90405
$1,470,000
- 3 Beds
- 3 Baths
- 1,122 sq. ft.
- Multi-family
- Active
Listed by:david messiah
Office:lyon stahl investment real estate, inc.
MLS#:25544989
Source:CRMLS
Price summary
- Price:$1,470,000
- Price per sq. ft.:$1,310.16
About this home
**Seller is offering a rate buy down on this INCOME PRODUCING TRIPLEX 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.
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Home facts
- Year built:1948
- Listing ID #:25544989
- Added:122 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Living area:1,122 sq. ft.
Structure and exterior
- Year built:1948
- Building area:1,122 sq. ft.
- Lot area:0.07 Acres
Finances and disclosures
- Price:$1,470,000
- Price per sq. ft.:$1,310.16
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