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.
Sold for $1,562,500
Listed by: Estate Properties • Jane Sager • Contact: 310-748-0677
Bought with: Coldwell Banker Realty
$1,562,500
1502 Ocean Park Blvd, Santa Monica, CA 90405
4beds
3baths
2,222sqft
Triplex
Built in 1940
-- sqft lot
$1,568,000 Zestimate®
$703/sqft
$5,953 Estimated rent
Home value
$1,568,000
$1.43M - $1.72M
$5,953/mo
Zestimate® history
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List your homeWhat's special
Private patioGenerously sized lot
Zillow last checked:
Listing updated:
Listed by:
Jane Sager DRE #01001004 310-748-0677,
Estate Properties
Bought with:
Julie Lovett, DRE #00803205
Coldwell Banker Realty
Jennifer Westbay, DRE #02221413
Coldwell Banker Realty
Source: CRMLS,MLS#: SB26007288
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: In Kitchen
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,222
- Total interior livable area: 2,222 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage
- Garage spaces: 5
Features
- Levels: One
- Stories: 1
- Entry location: 1st floor
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 7,002 Square Feet
- Features: Front Yard
Details
- Parcel number: 4285004005
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Stucco
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking
Location
- Region: Santa Monica
Financial & listing details
- Price per square foot: $703/sqft
- Tax assessed value: $1,989,000
- Annual tax amount: $25,136
- Date on market: 1/12/2026
- Cumulative days on market: 36 days
- Listing terms: Conventional
- Exclusions: tenant owned appliances
- Total actual rent: 8414
- Tenant pays: Cable TV, Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Sold | $1,562,500-2.3%$703/sqft |
Source:  CRMLS #SB26007288 Report a problem | ||
| 3/26/2026 | Pending sale | $1,599,000$720/sqft |
Source: CRMLS #SB26007288 Report a problem | ||
| 2/17/2026 | Contingent | $1,599,000$720/sqft |
Source: CRMLS #SB26007288 Report a problem | ||
| 1/12/2026 | Listed for sale | $1,599,000$720/sqft |
Source: CRMLS #SB26007288 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $25,136 +6.6% | $1,989,000 +2% |
| 2024 | $23,570 +748.2% | $1,950,000 +1229.7% |
| 2023 | $2,779 +2% | $146,655 +2% |
| 2022 | $2,724 +4% | $143,781 +2% |
| 2021 | $2,619 +0.8% | $140,963 +1% |
| 2020 | $2,598 | $139,518 +2% |
| 2019 | $2,598 +9.6% | $136,783 +2% |
| 2018 | $2,371 | $134,102 +2% |
| 2017 | $2,371 +1.1% | $131,473 +2% |
| 2016 | $2,345 +4.2% | $128,896 +1.5% |
| 2015 | $2,251 +1.4% | $126,961 +2% |
| 2014 | $2,221 | $124,475 +5.3% |
| 2010 | -- | $118,214 -0.2% |
| 2009 | -- | $118,496 +2% |
| 2008 | -- | $116,173 +2% |
| 2007 | -- | $113,896 +2% |
| 2006 | -- | $111,664 +6% |
| 2003 | -- | $105,363 +2% |
| 2002 | -- | $103,298 +4% |
| 2000 | -- | $99,289 |
Find assessor info on the county website
Neighborhood: Sunset Park
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Nearby schools
GreatSchools rating
- 7/10Will Rogers Elementary SchoolGrades: K-5Distance: 0.2 mi
- 6/10John Adams Middle SchoolGrades: 6-8Distance: 0.2 mi
- 9/10Santa Monica High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$1,568,000
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,568,000
- California
- Los Angeles County
- Santa Monica
- 90405
- Sunset Park
- 1502 Ocean Park Blvd
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