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Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
$ 1,895,000
Est. payment /mo
Price Dropped by $30K
2402 Ocean Park Blvd Santa Monica, CA 90405
5 Beds
4 Baths
1,940 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,940 sqft
Price per Sqft $976
MLS Listing ID SB-25119943
Bedrooms 5
Full Baths 4
Year Built 1957
Lot Size 3,401 Sqft
Property Sub-Type Single Family Residence
Property Description
**Seller is offering a rate buydown 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 fully vacant 3-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit. 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 location is 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
Area C14 - Santa Monica
Interior
Cooling Central Air
Fireplaces Type None
Laundry Inside
Exterior
Parking Features Carport
Garage Spaces 3.0
Pool None
Community Features Biking, Dog Park, Fishing, Golf, Hiking, Mountainous, Park, Street Lights, Urban
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944