2450 Oak Street Santa Monica, CA ^$ 2,980,000

2450 Oak Street

^$ 2,980,000

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2450 Oak Street

Santa Monica, CA, 90405

^$ 2,980,000

Studio Baths0.0 Sq 3,569

Monthly Estimate*

^$ 19,806

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Studio

Multi-Family Home for sale in Santa Monica, CA

for $2,980,000. This 3,569 square foot home was built in 1948 on a lot size of 0.16.

$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.

Multi-Family Active

Price

^$ 2,980,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.16

Year Built

1948

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

0024379235

Features

General

Heating Wall Furnace

Zoning SMR2*

Year Built 1948

Levels Two

County Los Angeles

Net Operating Income 112664.0

Insurance Expense 12268.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Santa Monica

Buyer Agent Compensation 2.50

Senior Community Y/N No

MLS Area C14 - Santa Monica

Lot Size Square Feet 7013.0

Street Name Oak

Trash Expense 2779.0

Water Sewer Expense 2613.0

Virtual Tour https://tour.caimagemaker.com/Viewer/96.asp?id=180568idxIDX&Referer=&referefull=#VirtualTour

Structure Type None

Standard Status Active

Taxes 37202.0

Buyer Agent Compensation Type %

Interior

Flooring Wood

Kitchen Appliances Disposal None Gas Oven

Heater Fuel Type Natural Gas

Total Stories 2

Air Conditioning Y/N No

Heating Y/N Yes

Street Suffix Street

Laundry Features Community

Total Baths 0

Exterior

Parking Features Assigned Garage - Single Door

Lot Size Area 7013.0

Foundation Details None

Spa No

Pool Y/N? No

Building Area Total 3569.0

Lot Size Acres 0.16

Lot Size Units Square Feet

Land Lease Type Fee

* Excluded Features

List By

David Putnam

Listing Agent

Berkshire Hathaway Homeservices California Properties

Broker

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$19,806

Per Month

Monthly Principal & Interest: $19,806
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% 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

Trends
Schools

Multi-family listings in Santa Monica, CA

Average List Price ^$3,811,347

Percent of Sale Price 28%

About Santa Monica, CA

92,541 Population

10% Since 2002

^$89,894 Median Income

42.46 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/25/2024	$2,980,000	-0.50%	Price Down
5/7/2024	$2,995,000		Listed Price

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2450 Oak Street, Santa Monica, CA, 90405 is a Multi-Family Home for sale at $2,980,000 with 3,569 sqft and a lot size of 0.16. 2450 Oak Street is a studio with 0.0 baths and was built in 1948. The property's zip code is 90405 which is in Santa Monica, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/25/2024. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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2450 Oak Street

Multi-Family Home for sale in Santa Monica, CA

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