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    BEDS
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    1/2 BATHS
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    $/SQFT

Listing Details

Status
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On Site
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MLS #
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Neighborhood
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Type
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Built
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School Ratings & Info

Description

Amazing Owner User or Investment Opportunity! 2314 Oak Street presents a unique pride of ownership apartment building situated in the Sunset Park District of Santa Monica. Built in 1971, this two-story, walkup style property consists of six (6) total units featuring one (1) large three-bedroom three-and-a-half-bathroom townhouse delivered VACANT, and five (5) two-bedrooms two-bathroom units. At approximately 3,000 SqFt, this potential Owners Unit is a three-story townhouse located in the front of the building with direct access to a large four (4) car garage, offering spacious bedrooms with walk-in closets, multiple living areas, large basement with bar top, ample storage spaces, and private roof top deck with city views. The townhouse is fully remodeled with upgraded flooring, kitchen, bathrooms, and equipped with brand new windows, in-unit washer/dryer hookups, and upper-level laundry chute for convenience. With this rare buying opportunity, you can immediately occupy the vacant three-story townhouse, or further renovate the unit to achieve top market rent, while collecting income on the remaining five units.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-20T22:42:35.877. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/118641803
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2314 Oak St Santa Monica, CA 90405

  • Price: $3,700,000
  • Status: Active
  • Updated: 42 min ago
  • MLS #: 21-752352
13
Beds
0
Baths
0
½ Baths
0.16
Acres
7,514
SQFT
$492
$/SQFT
1971
Built
Neighborhood:
Santa Monica
County:
Los Angeles
Area:
Santa Monica
Property Description
Amazing Owner User or Investment Opportunity! 2314 Oak Street presents a unique pride of ownership apartment building situated in the Sunset Park District of Santa Monica. Built in 1971, this two-story, walkup style property consists of six (6) total units featuring one (1) large three-bedroom three-and-a-half-bathroom townhouse delivered VACANT, and five (5) two-bedrooms two-bathroom units. At approximately 3,000 SqFt, this potential Owners Unit is a three-story townhouse located in the front of the building with direct access to a large four (4) car garage, offering spacious bedrooms with walk-in closets, multiple living areas, large basement with bar top, ample storage spaces, and private roof top deck with city views. The townhouse is fully remodeled with upgraded flooring, kitchen, bathrooms, and equipped with brand new windows, in-unit washer/dryer hookups, and upper-level laundry chute for convenience. With this rare buying opportunity, you can immediately occupy the vacant three-story townhouse, or further renovate the unit to achieve top market rent, while collecting income on the remaining five units.
Exterior Features

Garage Structures Total 4 Lot Size Area 7001 Other Structures None Parking Garage Garage - 4+ CarGarage - 2 CarGarage - 1 Car Total Parking 9

Interior Features

Baths Total 14.00 Cooling None Equipment RefrigeratorDishwasherRange/Oven Heating Radiant

Property Features

Assessed Total Value 798629 Gross Income 212328 Gross Operating Income 206579 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 137389.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Total Annual Expense 69190 Type Of Units Walk-Up Year Built Source Assessor Zoning Smr2*

Listing provided courtesy of Kamfar Kyle Mirrafati DRE#01911204 of Matthews Real Estate Investment Services.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-20T22:42:35.877. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210