For Sale, USD 1,599,000
1502 Ocean Park Blvd, Santa Monica, CA 90405, USA, Santa Monica, California, United States
Property Type : Residential Lot
Property Style : N/A
Build Size : 2,222 ft² / 206 m²
Land Size : 7,002 ft² / 651 m² Convert Land Size
Bedroom : 4
Bathroom : 3
Half Bathroom : 0
MLS#: N/A
Property Description
A truly rare offering, this trophy triplex has been owned by the same family for approximately sixty 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-bathroom unit of approximately six hundred eighty square feet, a two-bedroom, one-bathroom unit of approximately eight hundred twenty-three square feet, and a second one-bedroom, one-bathroom unit of approximately seven hundred fifteen 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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1502 Ocean Park Blvd, Santa Monica, CA 90405, USA, United States,California,Santa Monica is a 2,222ft² Santa Monica luxury Residential Lot listed for sale USD 1,599,000. This high end Santa Monica Residential Lot is comprised of 4 bedrooms and 3 baths. Find more luxury properties in Santa Monica or search for luxury properties for sale in Santa Monica.