Located in the heart of Santa Monica on Ocean Park Blvd, this rare four-unit bungalow property offers exceptional potential for both investors and owner-occupiers. Spanning 2,424 square feet on a 6,981 square foot lot, the property features four charming bungalows, each filled with natural light and offering a blend of comfort, privacy, and distinct character. At just over 600 square feet each, the homes are thoughtfully laid out and feel surprisingly open, with private front and back yards that enhance the sense of space and separation. One unit will be delivered vacant, while the others are occupied. The expansive lot invites outdoor living today and offers possibilities for the future. With alley access and SMR3 zoning, buyers may explore additional unit potential or other value-add options. Situated moments from Santa Monica's best shops, cafes, parks, and the beach, this is a rare opportunity to own a character-filled property with steady income and room to grow in one of the most sought-after and up-and-coming neighborhoods on the Westside.
Sold for $1,600,000 on 08/08/25
$1,600,000
2328 Ocean Park Blvd, Santa Monica, CA 90405
4beds
4baths
2,424sqft
Multi Family
Built in 1950
-- sqft lot
$1,599,700 Zestimate®
$660/sqft
$8,080 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 08, 2025 at 06:51am
Listed by:
Sandra Miller DRE # 01446377 213-364-9815,
ENGEL & VÖLKERS Santa Monica 310-460-2525
Bought with:
Colt Maloney, DRE # 01952570
Figure 8 Realty
Edward Faktorovich, DRE # 01401897
Figure 8 Realty
Source: CLAW,MLS#: 25521069

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Other
Cooling
- Other
Interior area
- Total structure area: 2,424
- Total interior livable area: 2,424 sqft
Property
Parking
- Total spaces: 5
- Parking features: Side By Side
- Uncovered spaces: 5
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,982 sqft
Details
- Additional structures: None
- Parcel number: 4272022006
- Zoning: SMR3*
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1950
Community & neighborhood
Location
- Region: Santa Monica
Services availability
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Estimated market value
$1,599,700