CA > Santa Monica
Santa Monica, CA 90405,2404 Ocean Park blvd #1
Santa Monica, CA 90405,2404 Ocean Park blvd #1
Santa Monica, CA 90405,2404 Ocean Park blvd #1
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$1,470,000
Est. payment /mo
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3 Beds
3 Baths
1,122 SqFt
Active

2404 Ocean Park blvd #1 Santa Monica, CA 90405

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Kurt Wannebo

Kurt Wannebo

+1(858) 405-5878

UPDATED:

Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 1,122 sqft

Price per Sqft $1,310

MLS Listing ID SB25219948

Bedrooms 3

Full Baths 3

Year Built 1948

Lot Size 3,357 Sqft

Property Sub-Type All Other Attached

Property Description

**INCOME PRODUCING TRIPLEX WITH A VACANT UNIT ON CLOSE OF ESCROW** 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 prof

Location

State CA

County Los Angeles

Direction E of Cloverfield Blvd & Ocean Park Blvd

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N Yes

Water Access Desc Public

View Other/Remarks

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 4272023032

Acceptable Financing Cash, Conventional, FHA, VA, Cash To New Loan

Listing Terms Cash, Conventional, FHA, VA, Cash To New Loan

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by Cameron Samimi Lyon Stahl Investment Real Estate, Inc.

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Kurt Wannebo

Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

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2404 Ocean Park blvd #1

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