**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 features 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 boost to your potential rental income. Major system upgrades include copper plumbing, updated drain lines, upgraded electrical systems, and new water heaters, providing 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.
For sale
Listing Provided by:
Cameron Samimi DRE #02035763 310-259-7556,
Lyon Stahl Investment Real Estate, Inc.,
David Messiah DRE #02117893 310-561-2384,
Lyon Stahl Investment Real Estate, Inc.
Price cut: $25K (7/10)
$1,470,000
2404 Ocean Park Blvd, Santa Monica, CA 90405
3beds
1,122sqft
Est.:
Triplex
Built in 1948
-- sqft lot
$1,514,900 Zestimate®
$1,310/sqft
$-- HOA
What's special
Studio unit with parkingPrivate patioStylish finishesBacksplash tileHigh ceilingsStainless steel appliancesRecessed lighting
- 73 days
- on Zillow |
- 1,487 |
- 101 |
Zillow last checked: 7 hours ago
Listing updated: July 13, 2025 at 05:30pm
Listing Provided by:
Cameron Samimi DRE #02035763 310-259-7556,
Lyon Stahl Investment Real Estate, Inc.,
David Messiah DRE #02117893 310-561-2384,
Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS,MLS#: SB25120412
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Kitchen, Laundry, Primary Bathroom, Primary Bedroom
Cooling
- Central Air
Appliances
- Laundry: Inside
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 1,122 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Accessibility
- Accessibility features: Parking
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Has view: Yes
Lot
- Size: 3,357 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 4272023032
- Zoning: SMR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Urban
Location
- Region: Santa Monica
Financial & listing details
- Price per square foot: $1,310/sqft
- Tax assessed value: $917,835
- Annual tax amount: $11,396
- Date on market: 5/30/2025
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
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