Santa Monica, CA 90405,2404 Ocean Park BLVD
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Santa Monica, CA 90405,2404 Ocean Park BLVD
Santa Monica, CA 90405,2404 Ocean Park BLVD
Santa Monica, CA 90405,2404 Ocean Park BLVD
Santa Monica, CA 90405,2404 Ocean Park BLVD
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$ 1,470,000
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Price Dropped by $25K

2404 Ocean Park BLVD Santa Monica, CA 90405

3 Beds

3 Baths

1,122 SqFt


OPEN HOUSE

Sun Jul 13, 1:00pm - 4:00pm

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,122 sqft

Price per Sqft $1,310

MLS Listing ID 25544989

Bedrooms 3

HOA Y/N No

Year Built 1948

Lot Size 3,267 Sqft

Property Description

**Seller is offering a rate buy down to 5.625% for qualified buyers, lowering the monthly mortgage payments by nearly $1,000! This property and rate will not last! After net expenses, a buyer could expect to pay approximately $1,993 per month which is less than the average rent in Santa Monica!** This turnkey Mid-Century style triplex is located in the heart of Santa Monica's Sunset Park, just steps from everything Ocean Park Blvd has to offer. It's perfect for someone looking to live in one unit and rent out the others.The property includes two fully remodeled 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, vaulted ceilings, recessed lighting, AC, and stylish finishes like backsplash tile and stainless steel appliances in the kitchen. The one-bedroom units each enjoy a huge private fenced patio which will extend your living and entertaining space, especially for those beautiful Santa Monica summer days. As a bonus, this gives a big boast to your potential rental income. 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 8.37% 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 C14 - Santa Monica

Zoning SMR3*

Interior

Fireplace No

Appliance Dishwasher, Microwave

Exterior

Parking Features Carport

Total Parking Spaces 3

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4272023032

Special Listing Condition Standard


CRMLS – RECore
Listed by David Messiah Lyon Stahl Investment Real Estate, Inc.
agent

Toni Motte

Advisor | License ID: 01209771

+1(626) 484-5244

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2404 Ocean Park BLVD