**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.
Listed by David Messiah
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License #02117893
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Lyon Stahl Investment Real Estate, Inc.
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310-561-2384
Listed by Cameron Samimi
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License #02035763
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Lyon Stahl Investment Real Estate, Inc.
Last updated October 15, 2025
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Source: CRMLS #25602967
Listing Facts
TypeMulti-family
NeighborhoodSunset Park
Days on Prevu15
Size1,122 sqft
Price per sqft$1,310
Amenities
Dishwasher
Parking
Location
Mortgage Calculator
Listing History
10/07/2025
Listed by Lyon Stahl Investment Real Estate, Inc.
$1,470,000
Property Details for 2404 Ocean Park Blvd
Exterior
Construction
Number Of Units Total: 3
Stories: 1
Stories Total: 1
Measurements
Building Area Total: 1,122
Lot Size Acres: 0.07
Lot Size Area: 3,357
Lot Size Source: Assessor
Lot Size Square Feet: 3,357
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 4.79
Gross Income: $96,744.00
Taxes
Parcel Number: UNAVAILABLE
Interior
Features
Appliances: Dishwasher, Microwave
Measurements
Living Area: 1,122
Living Area Source: Assessor
Rooms
Bathrooms Total Integer: 3
Parking
Parking
Carport: Yes
Parking Features: Carport
Parking Total: 3
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.
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.