26
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$1,470,000
Est. payment /mo
3 Baths
1,122 SqFt
Active
2404 Ocean Park Blvd Santa Monica, CA 90405
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,122 sqft
Price per Sqft $1,310
MLS Listing ID 25602967
HOA Y/N No
Lot Size 3,358 Sqft
Property Description
**INCOME PRODUCING TRIPLEX WITH A VACANT UNIT** 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.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Interior
Fireplace No
Appliance Dishwasher, Microwave
Exterior
Parking Features Carport
Total Parking Spaces 3
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID UNAVAILABLE
Special Listing Condition Standard
Listed by David Messiah Lyon Stahl Investment Real Estate, Inc.
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