2211 Oak Street, Santa Monica, CA 90405
- $2,532,500
- 9
- BD
- 6
- BA
- 4,493
- SqFt
- Sold Price
- $2,532,500
- List Price
- $2,500,000
- Closing Date
- Aug 21, 2023
- Status
- CLOSED
- MLS#
- 23277211
- Year Built
- 1937
- Bedrooms
- 9
- Bathrooms
- 6
- Living Sq. Ft
- 4,493
- Lot Size
- 7,000
- Days on Market
- 77
- Property Type
- Multifamily
Property Description
We are pleased to offer for sale a five-unit apartment community located at 2211 Oak Street. The subject property is located just south of Ocean Park Boulevard, within the desirable Sunset Park sub-market of Santa Monica. Situated on a 7,000 square foot parcel, the property comprises of two one-bedroom units, two two-bedroom units (added in 1984) and a vacant stand-alone three-bedroom, two-bathroom home. Upon acquisition, the front house will be delivered vacant, providing immediate flexibility and potential for new ownership. This presents an opportunity to reimagine the space and execute interior renovations that can unlock tremendous rental upside. The property offers a total of seven on-site parking spaces. The property is situated in one of the most desirable and affluent submarkets in Los Angeles County, making it an excellent investment opportunity for acquiring a well-maintained asset with remaining upside and long-term appreciation potential.
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Listing courtesy of Listing Agent: Sean Rosenzweig (sean.rosenzweig@marcusmillichap.com) from Listing Office: Marcus & Millichap.
Listing sold by George Wang from Harvest Realtors, Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.