Millman Team Real Estate

$1,470,000
3 Bed
3 Bath
1,122 Sqft
0.08 Acre Lot

2404 Ocean Park Blvd 1, Santa Monica, California 90405

  • Residential Property Type
  • 1,122 Sqft Square Footage
  • 1948 Year Built
Property Description

**INCOME PRODUCING TRIPLEX WITH A VACANT UNIT ON CLOSE OF ESCROW** Seller is offering a rate buy down on this to 5.625% for qualified buyers, lowering the monthly mortgage payments by nearly $1,000! This property and rate will not last! ** 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. This fully remodeled property includes two 1-bedroom units ( 1 of which is vacant) 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.

Basic Details
Residential
For Sale
SB25219948
$1,470,000
3
3
1,122 Sqft
1948
0.08 Acre
Active
3
1
Single Family Residence
Features
: None
: Central Air
: None
: See Remarks
: Public Sewer
$0
Address Map
CA
Los Angeles
Santa Monica
90405
Ocean Park blvd
2404
E of Cloverfield Blvd & Ocean Park Blvd
C14 - Santa Monica
1
Neighborhood
Santa Monica-Malibu Unified
Additional Information
$0
$0
$0
$0
$0
: Suburban
1
: One
: 0-1 Unit/Acre
3
2025-09-17
1
1
: Public
Broker/Agent Information
Lyon Stahl Investment Real Estate, Inc.
Cameron Samimi
Listing Information
David Messiah
CLW-C136782
CLW-X82195
Lyon Stahl Investment Real Estate, Inc.
SBSAMICAM
sb1310620
Cash,Cash to New Loan,Conventional,FHA,VA Loan
Active
2025-10-17T00:23:56Z
CRMLS
: Standard
2025-09-17T18:50:15Z
Agent info
Ray Millman
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