1520 Ocean Park Blvd

Santa Monica, CA 90405

$1,928,000
Last Sold Price
5
Beds
4
Baths
3,083 Sq. Ft.
$625 / Sq. Ft.
3,083
Sq. Ft.
$625
per Sq. Ft.

Description

Rare opportunity to invest in the lowest priced quadruplex in Santa Monica. Featuring 3 detached 1bd+1ba bungalows and a 2bd+1ba+office (can be used as a bedroom) that sits above a 4 car garage. Walkable to Santa Monica College, Thyme Cafe, local grocery stores, and other hotspots in the Sunset Park neighborhood. Just 2 miles to 3rd Street Promenade, Abbot Kinney, and the beach. This is your opportunity to purchase a property with tremendous upside potential and a location you can’t beat.Rare opportunity to invest in the lowest priced quadruplex in Santa Monica. Featuring 3 detached 1bd+1ba bungalows and a 2bd+1ba+office (can be used as a bedroom) that sits above a 4 car garage. Walkable to Santa Monica College, Thyme Cafe, local grocery stores, and other hotspots in the Sunset Park neighborhood. Just 2 miles to 3rd Street Promenade, Abbot Kinney, and the beach. This is your opportunity to purchase a property with tremendous upside potential and a location you can’t beat.

Listing Agents

  1. Jenn Orio

    Jenn Orio

    Listing Agent

    Compass

    DRE #01742843

    jenn.orio@compass.com

    P: (310)-951-6413

  2. Kai Ito

    Kai Ito

    Alternative Listing Agent

    Compass

    DRE #01408887

    kai.ito@compass.com

    P: (310)-650-2150

  3. Ito Orio Group

    Ito Orio Group

    Alternative Listing Agent

    Compass

    itooriogroup@compass.com

    P: (310)-894-6787

Property Details for 1520 Ocean Park Boulevard

Architectural Style
Bungalow
View
None
Parking Spaces Total
4
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
LISTING UPDATED: 05/27/2022 04:44 PM

Property Details for 1520 Ocean Park Boulevard

StatusClosed
MLS #SB22026653
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size0.16 AC / 6,990 SF
CountyLos Angeles County
Buyer's Agent Compensation2.5%

Location

Listing Courtesy of Compass, Jenn Orio, DRE #01742843; Compass, Kai Ito, DRE #01408887; Compass, Ito Orio Group

Sold By Realty Investment Advisors, Inc., Benjamin J. Hsiang, DRE #01438644; Realty Investment Advisors, Inc., Alexander Metaxas, DRE #01784652

Add your commute

Building Information for 1520 Ocean Park Boulevard

Stories-Residences-Year Built1940Building Size-Lot Size0.16 AC / 6,990 SF

Payment Calculator

$12,131 per month

30 year fixed, 6.845% Interest

Principal and Interest

$10,102

Property Taxes

$2,029

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1520 Ocean Park Boulevard

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $7,226
  • Gross Scheduled Income: $7,226
  • Net Operating Income: $0
  • Financing: Cash
Expense Details
  • Operating Expense: $0
  • New Taxes Expense: $19,375
  • Gardener Expense: $1,080
  • Licenses Expense: $766
  • Pest Control Expense: $1,200
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $3,942
  • Total Expenses: $26,363
Tax / Assessment Info
  • Tax Tract Number: 9833
  • Tax Census Tract: 7022.02
  • CFD/Mello-Roos Fee: $1,100
  • Tax Lot: 24
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Gas Cooktop
  • Equipment: Inside, Washer Hookup
  • Interior Features: Granite Counters, Tile Counters
  • Room Type: Living Room
  • Laundry: Yes
  • Laundry Features: Inside, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Floor Furnace, Wall
  • Heating: Floor Furnace, Wall Furnace
  • Heat Equipment: Floor Furnace
  • Flooring: Tile, Wood
Exterior Features
  • Roof: Asphalt, Shingle
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Garage, Garage Faces Rear
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $800
  • Unit Type Total Rent: $800
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,500
  • Unit Type Total Rent: $2,500
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $726
  • Unit Type Total Rent: $726
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,200
  • Unit Type Total Rent: $3,200
  • Unit Type Pro Forma: 3400
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 1520 Ocean Park Boulevard

DateEvent & SourcePriceAppreciation
Apr 27, 2022

Sold

SDMLS #SB22026653

$1,928,000—
Apr 27, 2022

Sold

CLAW #SB22026653MR

$1,928,000—
Apr 27, 2022

Sold

CRMLS #SB22026653

$1,928,000—
Mar 1, 2022

Sold (Public Record)

Public Record #1488389934

$1,928,000—
Feb 24, 2022

Pending

CRMLS #SB22026653

—
Feb 24, 2022

Pending

CLAW #SB22026653MR

—
Feb 24, 2022

Pending

SDMLS #SB22026653

—
Feb 21, 2022

Hold

CRMLS #SB22026653

—
Feb 10, 2022

Listed (Active)

SDMLS #SB22026653

$1,550,000—
Feb 10, 2022

Listed (Active)

CLAW #SB22026653MR

$1,550,000—
Feb 10, 2022

Listed (Active)

CRMLS #SB22026653

$1,550,000—
DateEvent & SourcePrice
04/27/2022

Sold

SDMLS #SB22026653

$1,928,000
04/27/2022

Sold

CLAW #SB22026653MR

$1,928,000
04/27/2022

Sold

CRMLS #SB22026653

$1,928,000
03/01/2022

Sold (Public Record)

Public Record #1488389934

$1,928,000
02/24/2022

Pending

CRMLS #SB22026653

—
02/24/2022

Pending

CLAW #SB22026653MR

—
02/24/2022

Pending

SDMLS #SB22026653

—
02/21/2022

Hold

CRMLS #SB22026653

—
02/10/2022

Listed (Active)

SDMLS #SB22026653

$1,550,000
02/10/2022

Listed (Active)

CLAW #SB22026653MR

$1,550,000
02/10/2022

Listed (Active)

CRMLS #SB22026653

$1,550,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1520 Ocean Park Boulevard

Taxable ValueLand$1,402,459Additions$603,432Total$2,005,891
Tax Record2024$24,348 ($2,029 / month)
Home Facts
Total Finished SqFt3,083 SqFtAbove Grade Finished SqFt3,083 SqFtLot Size6,990 SqFtStyleQuadraplexYear Built1940ZoningSMR3*CountyLOS ANGELESAPN4285-004-002

Schools near 1520 Ocean Park Boulevard

This home is within Santa Monica-Malibu Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Will Rogers Elementary School
PublicK to 5

John Adams Middle School
Public6 to 8

Santa Monica High School
Public9 to 12

Olympic High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Jenn Orio, DRE #01742843; Compass, Kai Ito, DRE #01408887; Compass, Ito Orio Group

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.