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$ 1,495,000
Est. payment | /mo
3 Beds
3 Baths
1,122 SqFt
$ 1,495,000
Est. payment | /mo
3 Beds
3 Baths
1,122 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,122 sqft
Price per Sqft $1,332
MLS Listing ID 25544989
Bedrooms 3
HOA Y/N No
Year Built 1948
Lot Size 3,267 Sqft
Property Description
**CAN BE PURCHASED INDIVIDUALLY OR WITH ADJACENT DUPLEX at 2402 Ocean Park Blvd**This turnkey triplex is located in the heart of Santa Monica's Sunset Park, just steps from everything Ocean Park Blvd has to offer. 2404 Ocean Park Blvd is perfect for an owner-user, investor, or buyer looking to unlock rental income in a prime Santa Monica location. The property includes two 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, high ceilings, recessed lighting, AC, and stylish finishes like backsplash tile and stainless steel appliances in the kitchen. The one-bedroom units each enjoy a private patio, perfect for outdoor living or maximizing rental value.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 8.55% 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.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR3*
Interior
Fireplace No
Appliance Dishwasher, Microwave
Exterior
Parking Features Carport
Total Parking Spaces 3
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4272023032
Special Listing Condition Standard
Listed by David Messiah • Lyon Stahl Investment Real Estate, Inc.