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2328 Ocean Park Blvd, Santa Monica, CA 90405

Sale Price: $1,600,000
Apr 4, 20252,424 sqft4 beds4 baths
Listed by: Sandra Miller
License #: 01446377
Phone #: 310-460-2525
ENGEL & VÖLKERS Santa Monica
Source:
CRMLS Logo
MLS #: 25521069

Property Description

Located in the heart of Santa Monica on Ocean Park Blvd, this rare four-unit bungalow property offers exceptional potential for both investors and owner-occupiers. Spanning 2,424 square feet on a 6,981 square foot lot, the property features four charming bungalows, each filled with natural light and offering a blend of comfort, privacy, and distinct character. At just over 600 square feet each, the homes are thoughtfully laid out and feel surprisingly open, with private front and back yards that enhance the sense of space and separation. One unit will be delivered vacant, while the others are occupied. The expansive lot invites outdoor living today and offers possibilities for the future. With alley access and SMR3 zoning, buyers may explore additional unit potential or other value-add options. Situated moments from Santa Monica's best shops, cafes, parks, and the beach, this is a rare opportunity to own a character-filled property with steady income and room to grow in one of the most sought-after and up-and-coming neighborhoods on the Westside.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$30,009

TurboHome Estimated Value

$1,850,300

$763 sqft

High Valuation
$1,942,815
$801/sqft
Normal Valuation
$1,850,300
$763/sqft
Low Valuation
$1,757,785
$725/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$763/sqft$1,850,300

Neighborhood

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Comparative Value

$1.60M

$1.70M

$1.88M

$2.20M

$2.48M

2328 Ocean Park Blvd, Santa Monica, CA 90405

Sale Price: $1,600,000

Selected Comparable

2328 Ocean Park Blvd, Santa Monica, CA 90405

List Price: $1,700,000

Subject Property

2121 Stewart St, Santa Monica, CA 90404

Sale Price: $1,732,500

Selected Comparable

13023 Warren Ave, Los Angeles, CA 90066

Sale Price: $1,875,000

Selected Comparable

2512 28th St 105, Santa Monica, CA 90405

Sale Price: $2,200,000

Selected Comparable

2311 30th St, Santa Monica, CA 90405

Sale Price: $2,475,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
2328 Ocean Park Blvd, Santa Monica, CA 90405

2328 Ocean Park Blvd, Santa Monica, CA 90405

List: $1,700,000

Listed: 4/4/2025

Area:2,424 sqft
Price/sqft:$701
Beds:4
Baths:4
Year Built:
Lot Size:6,981

Comparable Properties

COMPARABLE
Choose comps
2328 Ocean Park Blvd, Santa Monica, CA 90405

2328 Ocean Park Blvd, Santa Monica, CA 90405

Sale: $1,600,000

8/8/20250.00 mi

Area:2,424 sqft
Price/sqft:$660
Beds:4
Baths:4
Year Built:
Weight:24.5%
2512 28th St 105, Santa Monica, CA 90405

2512 28th St 105, Santa Monica, CA 90405

Sale: $2,200,000

4/7/20250.37 mi

Area:2,412 sqft
Price/sqft:$912
Beds:4
Baths:4
Year Built:
Weight:22.1%
2311 30th St, Santa Monica, CA 90405

2311 30th St, Santa Monica, CA 90405

Sale: $2,475,000

6/18/20250.64 mi

Area:2,197 sqft
Price/sqft:$1,127
Beds:4
Baths:3
Year Built:
Weight:18.5%
13023 Warren Ave, Los Angeles, CA 90066

13023 Warren Ave, Los Angeles, CA 90066

Sale: $1,875,000

10/18/20240.64 mi

Area:2,362 sqft
Price/sqft:$794
Beds:4
Baths:3
Year Built:
Weight:17.8%
2121 Stewart St, Santa Monica, CA 90404

2121 Stewart St, Santa Monica, CA 90404

Sale: $1,732,500

4/6/20250.66 mi

Area:2,544 sqft
Price/sqft:$681
Beds:5
Baths:4
Year Built:
Weight:17.2%

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