2402 Ocean Park blvd 1

Santa Monica , CA 90405

MLS#: SB25219953

$1,895,000

Status: Active
Listing number: SB25219953
Listing provided by: Lyon Stahl Investment Real Estate, Inc.
Listing agent phone: None
Last update: 14 hours ago
New on site 2 days ago
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Property

Beds

5

Full Baths

4

1/2 Baths

None

Year Built

1957

Sq.Footage

1,940

**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.

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    4

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Main Level Bedrooms

    3

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    3

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Lot Size(acres)

    0.078

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

Price

  • Sales Price

    $1,895,000

  • Sq. Footage

    1, 940

  • Price/SqFt

    $976

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    1234

  • Water Source

    Public

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Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Cameron Samimi , Lyon Stahl Investment Real Estate, Inc.

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(818) 321-0175

Lina@theosrealty.com


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**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.

2402 Ocean Park blvd 1

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