Santa Monica, CA 90405,1502 Ocean PARK
Santa Monica, CA 90405,1502 Ocean PARK
Santa Monica, CA 90405,1502 Ocean PARK
13
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Listed by Jane Sager • Estate Properties
$1,599,000
Est. payment /mo
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7,002 Sqft Lot
New

1502 Ocean PARK Santa Monica, CA 90405

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB26007288

Style Bungalow

Year Built 1940

Lot Size 7,002 Sqft

Property Sub-Type Triplex

Source California Regional MLS

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

Heating Wall Furnace

Cooling None

Laundry In Kitchen

Exterior

Garage Spaces 5.0

Pool None

View None

Building

Story One Story

Water District - Public

Architectural Style Bungalow

Others

Tax ID 4285004005

Special Listing Condition Not Applicable


MLS Listing IDX PLUS
Alex Kononoff
Alex Kononoff

Agent | License ID: 01387648

+1(650) 207-5341 | alexander.kononoff@exprealty.com

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1502 Ocean PARK