
Santa Monica, California 90405
Analysis of 2402 Ocean Park Boulevard, Santa Monica, California 90405 is currently available with a list price of $1,555,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Santa Monica Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
While the structure dates to 1957, the property has undergone a high-quality renovation. The kitchen features modern stainless steel appliances and updated cabinetry, and the bathrooms include contemporary vessel sinks and glass-enclosed tile showers. The 'turnkey' description and visual evidence suggest a renovation within the 5-15 year range, making it move-in ready.
This duplex offers a rare owner-user opportunity with a vacant 3-bedroom unit and a leased 2-bedroom unit generating $3,593 monthly, providing a significant hedge against mortgage costs.
The property is ideally situated in a highly walkable Santa Monica neighborhood, just moments from Clover Park, Grant Elementary, and the popular boutiques and eateries of the Ocean Park corridor.
Both units feature beautiful modern updates and a turnkey presentation, allowing for immediate occupancy or rental without the need for additional capital expenditures on repairs.
Being located directly on Ocean Park Boulevard may result in increased street noise and traffic, which could impact the sense of privacy and quiet for residents.
The 3,396 square foot lot is relatively small for a multi-unit property, resulting in limited private outdoor space and yard area for the occupants.
This absolutely charming beach duplex is the kind of property that rarely comes along - beautifully renovated and brimming with opportunity. Featuring a vacant, beautifully updated 3-bedroom, 2-bath owner's residence plus a leased 2-bedroom, 2-bath residence generating $3,593 per month, this exceptional property offers the perfect blend of coastal lifestyle and investment potential. The location is truly unbeatable. Situated in one of Santa Monica's most sought-after neighborhoods, you're just moments from Grant Elementary, Clover Park, and the vibrant Ocean Park corridor, home to some of the area's best restaurants, cafes, boutiques, and local favorites. With three side-by-side parking spaces and a turnkey presentation throughout, this special property presents an incredible opportunity for an owner-user, investor, or anyone dreaming of the ultimate beach lifestyle with built-in income. When comparable 3-bedroom, 2-bath homes in Sunset Park start at $2.2 million or more, the question becomes: why buy a single-family home when you can own a duplex? Live in the spacious three-bedroom residence, collect income from the second residence, and enjoy the best of both worlds. Rare, flexible, and full of coastal charm, this is an exciting opportunity that doesn't come around often. ***OFFER DEADLINE: September 14, 2026 @ 6 PM***
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.1 |
| Baths | 4.0 | 2.9 |
| Square foot | 1,940 | 1,967.643 |
| Lot Size | 3,396 | 6,981.625 |
| Price | $1.55M | $3.73M |
| Price per sq ft | $802 | $1.7K |
| Built year | 1957 | 1940 |
| HOA | $0 | $0 |
| Days on market | 9 | 58 |
Aug 31, 2026
$1,555,000
Initial Listing