2402 Ocean Park Blvd Santa Monica, CA 90405
Sunset Park NeighborhoodEstimated payment $11,870/month
Total Views
6,469
5
Beds
4
Baths
1,940
Sq Ft
$977
Price per Sq Ft
Highlights
- 1-Story Property
- Central Heating and Cooling System
- 4-minute walk to Clover Park
- Grant Elementary School Rated A+
About This Home
**Seller is offering a rate buy down 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 6.91% 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 #02117893 Listed on: 06/02/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,487
Year Built
- Built in 1957
Interior Spaces
- 1,940 Sq Ft Home
- 1-Story Property
Kitchen
- Oven or Range
- <<microwave>>
- Freezer
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Parking
- 3 Parking Spaces
- Carport
Additional Features
- 3,396 Sq Ft Lot
- Central Heating and Cooling System
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 4272-023-033
Map
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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 |
|---|---|---|---|---|
| 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 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Price Changed | $1,895,000 | -1.6% | $977 / Sq Ft |
| 05/30/2025 05/30/25 | For Sale | $1,925,000 | -- | $992 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| 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 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $530,000 | New Conventional | |
| Previous Owner | $530,000 | New Conventional | |
| Previous Owner | $571,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $575,000 | New Conventional | |
| Previous Owner | $580,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Santa Monica, CA
Source: The MLS
MLS Number: 25544991
APN: 4272-023-033
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