2402 Ocean Park Blvd Unit 1 Santa Monica, CA 90405
Sunset Park NeighborhoodEstimated payment $11,312/month
Highlights
- No HOA
- Views
- Laundry Room
- Grant Elementary School Rated A+
- Recessed Lighting
- 4-minute walk to Clover Park
About This Home
**INCOME PRODUCING DUPLEX WITH A VACANT UNIT ON CLOSE OF ESCROW****Seller is offering a rate buy down on this mid-century 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.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. License #02035763 Listed on: 09/17/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,487
Year Built
- Built in 1957
Lot Details
- 3,398 Sq Ft Lot
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
- 3 Carport Spaces
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,940 Sq Ft Home
- 1-Story Property
- Recessed Lighting
- Laundry Room
- Property Views
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- 4 Full Bathrooms
Additional Features
- Suburban Location
- Central Air
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 1234
- Tax Tract Number 8379
- Assessor Parcel Number 4272023033
- $1,234 per year additional tax assessments
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $16,487 | $1,386,374 | $1,141,616 | $244,758 |
| 2024 | $16,487 | $1,359,191 | $1,119,232 | $239,959 |
| 2023 | $14,854 | $1,214,226 | $973,887 | $240,339 |
| 2022 | $14,665 | $1,190,419 | $954,792 | $235,627 |
| 2021 | $14,293 | $1,167,078 | $936,071 | $231,007 |
| 2019 | $14,050 | $1,132,463 | $908,307 | $224,156 |
| 2018 | $9,909 | $820,527 | $480,999 | $339,528 |
| 2017 | $9,860 | $804,439 | $471,568 | $332,871 |
| 2016 | $9,533 | $788,667 | $462,322 | $326,345 |
| 2015 | $9,408 | $776,821 | $455,378 | $321,443 |
| 2014 | $9,286 | $761,605 | $446,458 | $315,147 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/07/2025 10/07/25 | For Sale | $1,895,000 | -- | $977 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Gift Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | Fatco |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $571,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $580,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25219953
APN: 4272-023-033
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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