2404 Ocean Park Blvd Open House

Santa Monica,CA 90405

$ 1495000

3 Beds

3 Baths

1122 SqFt


OPEN HOUSE

Sat Jun 07, 1:00am - 4:00pm  Sun Jun 08, 1:00am - 4:00pm 

Key Details

Property Type Multi-Family

Sub 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

Year Built 1948

Lot Size 3,266 Sqft

Acres 0.075

Property Sub-Type Multi-Family

Property Description

**CAN BE PURCHASED 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 Santa Monica

Zoning SMR3*

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Air Conditioning

Equipment Microwave, Freezer, Dishwasher

Exterior

Parking Features Carport

Garage Spaces 3.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard

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