2402 Ocean Park blvd #1, Santa Monica, CA 90405

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Glen Henderson

[email protected] +1(619) 889-7646

$1,895,000

Est. payment - /mo

5 Beds

4 Baths

1,940 SqFt

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Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 1,940 sqft

Price per Sqft $976

MLS Listing ID SB25219953

Bedrooms 5

Full Baths 4

Year Built 1957

Lot Size 3,397 Sqft

Property Sub-Type All Other Attached

Property Type All Other Attached

Property Description

**Seller is offering a rate buy down on this mid-century INCOME PRODUCING DUPLEX 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 3-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit being delivered vacant at sale. 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 6.91% 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

Direction E of Cloverfield Blvd & Ocean Park Blvd

Interior

Cooling Central Forced Air

Fireplace No

Exterior

Garage Spaces 3.0

View Y/N Yes

Water Access Desc Public

View Other/Remarks

Total Parking Spaces 6

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Tax ID 4272023033

Special Listing Condition Standard

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Listed by Cameron Samimi Lyon Stahl Investment Real Estate, Inc.

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

2402 Ocean Park blvd #1 Santa Monica, CA 90405

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Get More Information