2402 Ocean Park Blvd #1 new Save Request In-Person Tour Request Virtual Tour
Santa Monica,CA 90405
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,940 sqft
Price per Sqft $976
MLS Listing ID 25602933
Bedrooms 5
Lot Size 3,402 Sqft
Property Description
**Seller is offering a rate buy down on this mid-century INCOME PRODUCING DUPLEX 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 8.68% cap rate! With an unbeatable walk score, this is located 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
Heating Central
Cooling Central Air
Exterior
Parking Features Carport
Building
Story 1
New Construction No
Others
Special Listing Condition Standard