2338 Ocean Park Boulevard Santa Monica, CA ^$ 4,000,000

2338 Ocean Park Boulevard

^$ 4,000,000

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2338 Ocean Park Boulevard

Santa Monica, CA, 90405

^$ 4,000,000

Studio Baths0.0

Monthly Estimate*

^$ 24,629

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Studio

Lots and Land for sale in Santa Monica, CA

for $4,000,000. The lot size is 0.32.

First time on the market in over 35 years and located along a prime westwardly corridor to the beach. This property is a double lot with a total of 13,980 SF R-3 in the city of Santa Monica. Currently, the property is a 3,700 SF vacant motel and parking lot. The property is located in the City of Santa Monica and is zoned Medium Density Residential. The property includes two parcels totaling 0.161 acres. The project is not located within a fire hazard area nor flood zone. The property has a potential to build 11 units by right and a total of 23 units with 4 units set aside as affordable using AB 1287 (stackable density bonus law). Although, the offering has a building with all utilities in place, the property is aggressively priced at a land value of $286.12/SF

Lots and Land Active

Price

^$ 4,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Lot Size

0.32

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

0026632711

Features

General

Zoning SMR3*

County Los Angeles

New Construction No

Property Type D

HOA No

Status Active

City Santa Monica

Senior Community Y/N No

MLS Area C14 - Santa Monica

Lot Size Units Square Feet

Lot Size Square Feet 13980.0

Land Lease Y/N No

Standard Status Active

Exterior

Water Source None

Lot Size Area 13980.0

Lot Size Acres 0.32

Land Lease Type Fee

Interior

Total Baths 0

* Excluded Features

List By

Luis Ruiz

Listing Agent

Lar Realty, Inc.

Broker

Affordability Calculator

$24,629

Per Month

Monthly Principal & Interest: $24,629
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Santa Monica, CA

Average List Price ^$2,244,533

Percent of Sale Price 44%

About Santa Monica, CA

92,541 Population

10% Since 2002

^$89,894 Median Income

42.46 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/7/2026	$4,000,000		Listed Price

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2338 Ocean Park Boulevard, Santa Monica, CA, 90405 is a Lots and Land for sale at $4,000,000 with a lot size of 0.32. 2338 Ocean Park Boulevard is a studio with 0.0 baths. The property's zip code is 90405 which is in Santa Monica, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 1/7/2026. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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2338 Ocean Park Boulevard

Lots and Land for sale in Santa Monica, CA

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