2404 Ocean Park Blvd Santa Monica, CA 90405
Sunset Park NeighborhoodEstimated payment $9,093/month
Total Views
5,693
3
Beds
3
Baths
1,122
Sq Ft
$1,310
Price per Sq Ft
Highlights
- 1-Story Property
- Grant Elementary School Rated A+
- 4-minute walk to Clover Park
About This Home
**Seller is offering a rate buy down to 5.625% for qualified buyers, lowering the monthly mortgage payments by nearly $1,000! This property and rate will not last! After net expenses, a buyer could expect to pay approximately $1,993 per month which is less than the average rent in Santa Monica!** 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.The property includes two fully remodeled vacant 1-bedroom units 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.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. License #02117893 Listed on: 06/02/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,396
Year Built
- Built in 1948
Lot Details
- 3,266 Sq Ft Lot
Interior Spaces
- 1,122 Sq Ft Home
- 1-Story Property
Kitchen
- <<microwave>>
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Parking
- 3 Parking Spaces
- Carport
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 4272-023-032
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 | $11,396 | $917,835 | $757,501 | $160,334 |
| 2023 | $11,211 | $899,840 | $742,649 | $157,191 |
| 2022 | $11,063 | $882,197 | $728,088 | $154,109 |
| 2021 | $10,777 | $864,900 | $713,812 | $151,088 |
| 2019 | $10,590 | $839,248 | $692,641 | $146,607 |
| 2018 | $9,944 | $822,793 | $679,060 | $143,733 |
| 2017 | $9,894 | $806,661 | $665,746 | $140,915 |
| 2016 | $9,578 | $790,845 | $652,693 | $138,152 |
| 2015 | $9,451 | $778,966 | $642,889 | $136,077 |
| 2014 | $9,336 | $763,708 | $630,296 | $133,412 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Price Changed | $1,470,000 | -1.7% | $1,310 / Sq Ft |
| 05/30/2025 05/30/25 | For Sale | $1,495,000 | -- | $1,332 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $727,000 | None Available | |
| Interfamily Deed Transfer | -- | First American Title Co | |
| Individual Deed | $261,500 | Fidelity National Title Co | |
| Grant Deed | $162,000 | Southland Title Corporation | |
| Trustee Deed | $227,108 | Stewart Title | |
| Grant Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $480,000 | New Conventional | |
| Closed | $480,000 | New Conventional | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $540,000 | New Conventional | |
| Previous Owner | $545,250 | Purchase Money Mortgage | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $595,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $261,067 | Unknown | |
| Previous Owner | $257,000 | Unknown | |
| Previous Owner | $258,000 | Unknown | |
| Previous Owner | $258,897 | FHA | |
| Previous Owner | $137,700 | Seller Take Back |
Source: Public Records
Similar Homes in Santa Monica, CA
Source: The MLS
MLS Number: 25544989
APN: 4272-023-032
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