Santa Monica, CA 90405,2402 Ocean Park Blvd #1
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Santa Monica, CA 90405,2402 Ocean Park Blvd #1
Santa Monica, CA 90405,2402 Ocean Park Blvd #1
Santa Monica, CA 90405,2402 Ocean Park Blvd #1
Santa Monica, CA 90405,2402 Ocean Park Blvd #1
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$ 1,895,000
Est. payment /mo
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2402 Ocean Park Blvd #1 Santa Monica, CA 90405

5 Beds

4 Baths

1,940 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,940 sqft

Price per Sqft $976

MLS Listing ID 25602933

Bedrooms 5

Lot Size 3,401 Sqft

Property Sub-Type Multi-Family

Property Description

**INCOME PRODUCING DUPLEX WITH A VACANT UNIT****Seller is offering a rate buy down on this mid-century to 5.625% for qualified buyers, lowering the monthly mortgage payments by nearly $1,500! This property and rate will not last!** The building offers 1,940 sq. ft. of living space across two spacious remodeled units: a fully vacant 3-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit. Both units feature remodeled kitchens and bathrooms, stainless steel appliances, central AC, recessed lighting, in-unit and onsite laundry, and updated dual-pane windows. Recent improvements include copper plumbing, new water heaters, updated electrical, and drain line upgrades, making this a low-maintenance, move-in-ready property. Furthermore, a buyer can build 2 additional units and generate up to a 8.68% cap rate! With an unbeatable walk score, this is located just steps from Trader Joe's, Whole Foods, Clover Park, Grant Elementary, John Adams Middle School, and some of the best cafes and restaurants in Santa Monica! 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

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Refrigerator, Range/Oven, Freezer, Microwave

Exterior

Parking Features Carport

Garage Spaces 3.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.
George Salazar

George Salazar

Agent | License ID: 00884017

+1(310) 400-6756

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2402 Ocean Park Blvd #1