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$4,000,000

$7,200Reward *

2338 Ocean Park Boulevard, Santa Monica, CA 90405Listing ID 26632711

2338 Ocean Park Boulevard, Santa Monica, CA 90405

Active

Time on site: 127 days • Last updated: Apr 2, 2026

Property Type

Land

Property Sub Type

Acres

0.32

Days on Site

125

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

Property Information

Property Details

Location

Address

2338 Ocean Park Boulevard

County

Los Angeles

City

Santa Monica

Zip Code

90405

MLS Area

C14 - Santa Monica

Financial

Special Conditions

Standard

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CLW-X81506

2338 Ocean Park Boulevard, Santa Monica, CA 90405

Property Information

Property Details

Location

Financial

Market Report for 90405