Santa Monica, CA 90405,1502 Ocean Park
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Santa Monica, CA 90405,1502 Ocean Park
Santa Monica, CA 90405,1502 Ocean Park
Santa Monica, CA 90405,1502 Ocean Park
Santa Monica, CA 90405,1502 Ocean Park
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$ 1,599,000
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1502 Ocean Park Santa Monica, CA 90405

7,000 Sqft Lot


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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26007288

HOA Y/N No

Year Built 1940

Lot Size 7,000 Sqft

Property Sub-Type Triplex

Property Description

A truly rare offering, this trophy triplex has been owned by the same family for approximately 60 years and reflects long-term pride of ownership. Properties of this caliber, stability, and provenance seldom come to market, making this an exceptional opportunity for the discerning investor seeking a generational asset.

The property features a well-balanced unit mix consisting of a one-bedroom, one-bath unit of approximately 680 square feet, a two-bedroom, one-bath unit of approximately 823 square feet, and a second one-bedroom, one-bath unit of approximately 715 square feet. One of the one-bedroom units has been completely remodeled and includes its own private patio, adding meaningful lifestyle appeal and enhanced rental value.

Each unit is equipped with its own private garage and individual laundry, amenities that are increasingly rare and highly desirable in today's multifamily market. Set on a generously sized lot, the property offers strong in-place income with long-term appreciation potential in a supply-constrained location. A compelling opportunity to acquire a thoughtfully maintained, legacy investment with enduring appeal.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Interior

Interior Features All Bedrooms Down

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry In Kitchen

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Biking

View Y/N No

View None

Total Parking Spaces 5

Private Pool No

Building

Lot Description Front Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4285004005

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard


CRMLS – RECore
Listed by Jane Sager Estate Properties 310-748-0677
Mia Ellison

Mia Ellison

Broker Associate | SB01271824

+1(310) 600-6948

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1502 Ocean Park