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1502 Ocean ParkSanta Monica, CA 90405

For Sale

$1,599,000

Smart Buyer Rebate $15,990

A truly rare offering, this trophy triplex has been owned by the same family for approximately 60 years and reflects long-term pride of ownership. Properties of this caliber, stability, and provenance seldom come to market, making this an exceptional opportunity for the discerning investor seeking a generational asset.

The property features a well-balanced unit mix consisting of a one-bedroom, one-bath unit of approximately 680 square feet, a two-bedroom, one-bath unit of approximately 823 square feet, and a second one-bedroom, one-bath unit of approximately 715 square feet. One of the one-bedroom units has been completely remodeled and includes its own private patio, adding meaningful lifestyle appeal and enhanced rental value.

Each unit is equipped with its own private garage and individual laundry, amenities that are increasingly rare and highly desirable in today’s multifamily market. Set on a generously sized lot, the property offers strong in-place income with long-term appreciation potential in a supply-constrained location. A compelling opportunity to acquire a thoughtfully maintained, legacy investment with enduring appeal.

Listed by Jane Sager

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License #01001004

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Estate Properties

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310-748-0677

Last updated January 28, 2026

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Source: CRMLS #SB26007288

Listing Facts

  • TypeMulti-family
  • NeighborhoodSunset Park
  • Days on Prevu18

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

01/12/2026
Listed by Estate Properties
$1,599,000

Property Details for 1502 Ocean Park

Association

Amenities

  • Community Features: Biking

Exterior

Construction

  • Number Of Units Total: 3
  • Property Attached: Yes
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1940
  • Architectural Style: Bungalow
  • Common Walls: 1 Common Wall
  • Construction Materials: Stucco
  • Entry Level: 1
  • Entry Location: 1st floor

Measurements

  • Building Area Total: 2,222
  • Building Area Units: Square Feet
  • Lot Features: Front Yard
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,002
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,002
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 4285004005

Interior

Features

  • Interior Features: All Bedrooms Down

Other

General

  • Exclusions: tenant owned appliances

Location

  • Tax Lot: 27

Parking

Parking

  • Garage Spaces: 5
  • Garage: Yes
  • Parking Total: 5

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1502 Ocean Park.

Does this multi-family home have parking?

Yes, there are 5 parking spaces available for 1502 Ocean Park.

How does 1502 Ocean Park compare to other multi-family homes in Sunset Park?

This multi-family home is listed 50% below the average price for multi-family homes in Sunset Park and has been on the market for 52 less days than the typical home in this area.

1502 Ocean Park is a -bedroom multi-family home for sale in Santa Monica CA 90405. On Prevu for 18 days at $1,599,000. This home is located in Sunset Park. The median listing price for multi-family homes in this area is $2,863,000. The home offers parking. Explore more multi-family home listings in Santa Monica.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.