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.
MLS #
CRSB26007288
MLS Source
California Regional MLS
Days on Site
20
Cooling
None
Heating
Wall Furnace
Pool
None
Style
Bungalow
Garage/Parking
Garage: 5 Car(s)
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 718 | – | 0/0 | – |
| 2 | 824 | – | 0/0 | – |
1502 Ocean Park is a Triplex in Santa Monica, CA 90405. This – square foot property sits on a 7,002 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,599,000 and was built in 1940. This address can also be written as 1502 Ocean Park, Santa Monica, CA 90405.
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This listing information is up-to-date as of January 20, 2026. For the most current information, please contact Jane Sager, (310) 748-0677