Properties

Santa Monica, CA 90405 1502 Ocean Park

Pending
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Presented By: Jane Sager with Estate Properties; 310-748-0677
  • MLS# SB26007288
  • 01/12/2026
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  • Baths • 1
  • SQFT • 2,222
  • Garage • 5

Home Details

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 todayโ€™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.
Presented By: Jane Sager with Estate Properties; 310-748-0677

Interior Features for 1502 Ocean Park

Other Interior Features

Air Conditioning Y/NNo
Common Walls1 Common Wall
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesAll Bedrooms Down
Laundry FeaturesIn Kitchen
Total Stories1

Other Rooms

Entry Level1

General for 1502 Ocean Park

Additional Parcels Y/NNo
Architectural StyleBungalow
Building Area UnitsSquare Feet
CitySanta Monica
Community FeaturesBiking
Construction MaterialsStucco
CoolingNone
CountyLos Angeles
DirectionsOcean Park to 14th Street.
Entry Location1st floor
Exclusionstenant owned appliances
Fuel Expense
Garage Spaces5
Garage Y/NYes
Gross Income
HOANo
HOA Fee$
HeatingWall Furnace
Insurance Expense
Land Lease Y/NNo
LevelsOne
Listing TermsConventional
Lot Size Square Feet7002
Lot Size UnitsSquare Feet
MLS AreaC14 - Santa Monica
Net Operating Income0
New ConstructionNo
Number Of Units Total3
Operating Expense0
Pool FeaturesNone
PostalCitySANTA MONICA
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories Count1
Tax Lot27
Tenant PaysCable TV, Electricity, Gas
Total Actual Rent8414
Trash Expense0
ViewNone
Water Sewer Expense0
Year Built1940
Year Built SourceAppraiser

Exterior for 1502 Ocean Park

Building Area Total2222
Lot FeaturesFront Yard
Lot Size Acres0.1607
Lot Size Area7002
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Private PoolNo
Total Parking5
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,599,000
MLS#SB26007288
List Date 01/12/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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