2302 Oak ST Santa Monica, CA 90405
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26147045
HOA Y/N No
Year Built 1965
Lot Size 8,285 Sqft
Property Sub-Type Apartment
Property Description
Built in 1965, the property offers approximately 9,109 SF of living area on an 8,287 SF lot, with a strong unit mix of three 2-bed/2-bath units, three 3-bed/2-bath units, and one 4-bed/3-bath townhouse-style front unit. The building is separately metered for gas and electricity, includes on-site laundry, five units with in-unit laundry, and seven parking spaces, including four gated stalls.
Two units have been recently upgraded with new flooring, renovated kitchens, updated bathrooms, modern lighting, and in-unit laundry. With current rents below market, a new owner has meaningful upside through natural turnover and renovation of the remaining units. This offering provides immediate income, strong rent growth potential, and long-term appreciation in one of the Westside's most desirable rental markets.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Interior
Fireplace No
Laundry Common Area, Inside
Exterior
Garage Spaces 7.0
Garage Description 7.0
Pool None
Community Features Street Lights
Total Parking Spaces 7
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4272021001
Energy Description 2400.0
Acceptable Financing Cash to New Loan, Conventional, 1031 Exchange, FHA
Listing Terms Cash to New Loan, Conventional, 1031 Exchange, FHA
Special Listing Condition Standard
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