2338 Ocean Park Boulevard, Santa Monica, CA 90405

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
2338 Ocean Park Boulevard,Santa Monica, CA 90405
$4,000,000
  • 0.32 Acres
  • Lots / Land
  • Active
Listed by: luis ruiz
Office: lar realty, inc.
MLS#:26632711
Source:CRMLS

Price summary

  • Price:$4,000,000

About this home

First time on the market in over 35 years and located along a prime westwardly corridor to the beach. This property is a double lot with a total of 13,980 SF R-3 in the city of Santa Monica. Currently, the property is a 3,700 SF vacant motel and parking lot. The property is located in the City of Santa Monica and is zoned Medium Density Residential. The property includes two parcels totaling 0.161 acres. The project is not located within a fire hazard area nor flood zone. The property has a potential to build 11 units by right and a total of 23 units with 4 units set aside as affordable using AB 1287 (stackable density bonus law). Although, the offering has a building with all utilities in place, the property is aggressively priced at a land value of $286.12/SF

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Home facts

  • Listing ID #:26632711
  • Added:51 day(s) ago
  • Updated:February 21, 2026 at 02:34 PM

Structure and exterior

  • Lot area:0.32 Acres

Finances and disclosures

  • Price:$4,000,000
Based on information from California Regional Multiple Listing Service, Inc. as of February 25, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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