2402 Ocean Park Blvd #1, Santa Monica, CA 90405 (MLS # SB25219953)

Price $1,895,000
Status Active
Beds 5
Baths 4 Baths
Home size 1,940 sqft
Lot Size 3,398 sqft
Days on Market 1
**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.
Property Type(s): Condo/Townhouse/Co-Op
Last Updated 9/17/2025 Year Built 1957
Garage Spaces 3.0 County Los Angeles

Additional Details

AIR Central Air
AIR CONDITIONING Yes
GARAGE Yes
LOT 3398 sq ft
LOT DIMENSIONS 1-3,999 SF
SEWER Public Sewer
STORIES 1
WATER Public
Listed with Lyon Stahl Investment Real Estate, Inc.

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