2450 Oak Street Santa Monica, CA $ 2,995,000
2450 Oak Street
$ 2,995,000
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2450 Oak Street

Santa Monica, CA, 90405
$ 2,995,000
Bedrooms6 Baths6.0 Sq 3,569

Monthly Estimate*

$ 20,921

Listed by Berkshire Hathaway HomeServices California Properties
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Multi-Family Home for sale in Santa Monica, CA

for $2,995,000 with 6 bedrooms and 6 full baths. This 3,569 square foot home was built in 1948 on a lot size of 0.161.

$2,000,000 ASSUMABLE LOAN. 4% interest only until 2029 for qualified buyer (private 3rd party lender) . Two blocks from Snapchat. Very well maintained building with character. 6 charming, one bedroom units located on quiet tree-lined street in Sunset Park. Backs to single family residential. All units have patios. Front unit has patio with fireplace. Certain units have been nicely upgraded with stone counters, stainless appliances and some, if not all, with in-unit laundry. Garage income of approximately $1,150/month from offsite renters (included in gross rent subject to verification). 5 total one car garages for possible future ADU conversion. Very close proximity to trendy eateries and other shops and amenities on Ocean Park Blvd. Just down the street from beautiful Clover Park! Inside with accepted offer. Income and expenses are approximate. Income and expense will be provided to the buyer through management company. Unit 3 can be delivered vacant or tenant will remain at $2,750/ month.

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Multi-Family Active

Price

$ 2,995,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.161

Year Built

1948

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

24379235

Days on Market

14

Features
General
Heating NaturalGas WallFurnace
Cooling None
Appliances Disposal GasOven
Zoning SMR2*
Garage Spaces 5.0
Pool Features None
Year Built 1948
Stories 2
Levels Two
Gross Income 176400.0
Accessibility None
County Los Angeles
Net Operating Income 113675.0
Insurance Expense 12268.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Ocean Park Blvd to 25th Street to Oak Street
City Santa Monica
View Y/N N
Senior Community Y/N N
Total Units 6
MLS Area C14 - Santa Monica
Lot Size Square Feet 7013.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Oak
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Trash Expense 2779.0
Water Sewer Expense 2613.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Virtual Tour https://tour.caimagemaker.com/Viewer/96.asp?id=180568idxIDX&Referer=&referefull=#VirtualTour
Days on Market 8
Standard Status Active
Occupancy Description Tenant
Taxes 37202.0
Cap Rate 3.8
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Interior
Flooring Wood
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Street
Laundry Features CommonArea
Total Bedrooms 6
Electric On Property Y/N N
Total Baths 6
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Exterior
Parking Features Assigned DoorSingle Garage
Total Parking 5.0
Lot Size Area 7013.0
Number of Buildings 2
Spa N
Building Area Total 3569.0
Lot Size Acres 0.161
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2450
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* Excluded Features
List By
Berkshire Hathaway Homeservices California Properties

Broker

(310) 820-9395

Phone

Affordability Calculator

$20,921
Per Month
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Monthly Principal & Interest
$20,921
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2024$2,995,000 Listed Price

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2450 Oak Street, Santa Monica, CA, 90405 is a Multi-Family Home for sale at $2,995,000 with 3,569 sqft and a lot size of 0.161. 2450 Oak Street has 6 bedrooms, 6.0 baths, and was built in 1948. The property's zip code is 90405 which is in Santa Monica, CA