2338 Ocean Park Blvd, Santa Monica, CA 90405

Built in 1947, 2338 Ocean Park Blvd features a 3,700 SF building situated on a 6,995 SF lot, complemented by a 6,981 SF dedicated parking area. The property delivers a desirable unit mix tailored to Santa Monica’s consistently supply-constrained rental market. With secure on-site parking and a well-maintained physical profile, the asset offers a strong operational baseline and clear avenues for strategic value-add improvements.

Positioned along the highly trafficked Ocean Park Blvd corridor, the building benefits from immediate access to Santa Monica’s top employment hubs, coastline amenities, major transit routes, and a thriving blend of neighborhood retail, dining, and lifestyle destinations.

This is a supply-constrained, coastal submarket known for its exceptionally low vacancy rates, high tenant retention, and strong long-term rent fundamentals—making opportunities like this extremely rare.