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

Santa Monica, CA, 90405
$ 1,599,000
Baths1.0 Sq 2,222

Monthly Estimate*

$ 9,845

Listed by Estate Properties
1502 Ocean Park, Santa Monica, CA 90405 - Image 1
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1502 Ocean Park, Santa Monica, CA 90405 - Image 8
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Studio

Multi-Family Home for sale in Santa Monica, CA

for $1,599,000 with 1 full bath. This 2,222 square foot home was built in 1940 on a lot size of 0.1607.

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.

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Multi-Family Active

Price

$ 1,599,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1607

Year Built

1940

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

SB26007288

Days on Market

2

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling None
HOA Fee 0
Garage Spaces 5
Architectural Style Bungalow
Pool Features None
Construction Materials Stucco
Exclusions tenant owned appliances
Year Built 1940
Tenant Pays Cable TV Electricity Gas
View None
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 0
Community Features Biking
County Los Angeles
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Ocean Park to 14th Street.
City Santa Monica
Entry Location 1st floor
Senior Community Y/N false
Number Of Units Total 3
MLS Area C14 - Santa Monica
Lot Size Units Square Feet
Lot Size Square Feet 7002
Listing Terms Conventional
Property Attached Y/N true
Land Lease Y/N false
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Appraiser
Tax Lot 27
Total Actual Rent 8414
Property Sub Type Additional Triplex
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Interior
Interior Amenities All Bedrooms Down
Fireplace Features None
Total Stories 1
Common Walls 1 Common Wall
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features In Kitchen
Entry Level 1
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Exterior
Lot Features Front Yard
Water Source Public
Total Parking 5
Lot Size Area 7002
Number of Buildings 2
Building Area Total 2222
Lot Size Acres 0.1607
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Estate Properties

Broker

jane@janesager.com

Email

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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/13/2026$1,599,000 Listed Price

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1502 Ocean Park, Santa Monica, CA, 90405 is a Multi-Family Home for sale at $1,599,000 with 2,222 sqft and a lot size of 0.1607. 1502 Ocean Park is a studio with 1.0 baths and was built in 1940. The property's zip code is 90405 which is in Santa Monica, CA