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    1/2 BATHS
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Listing Details

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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 California Regional Multiple Listing Service, Inc. as of 2021-09-19T09:26:13.25. 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 deemed reliable but is not guaranteed accurate by the MLS or Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
www.searchwithcompass.com/homes/118644231
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2314 Oak Street Santa Monica, CA 90405

  • Price: $3,700,000
  • Status: Active
  • Updated: 65 min ago
  • ID#: 21752352
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Beds
0
Baths
0
½ Baths
0.16
Acres
1971
Built
Neighborhood:
C14 - Santa Monica
County:
Los Angeles
Area:
C14 - 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

Parking Features Door-MultiDoor-SingleGarage Parking Total 9

Interior Features

Appliances DishwasherRefrigerator Cooling None Cooling YN No Heating Radiant Heating YN Yes

Property Features

Garage YN Yes Gross Income 212328 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 137389 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 1 Zoning Smr2*

Listing provided courtesy of Kamfar Kyle Mirrafati of Matthews Real Estate Investment Services


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T09:26:13.25. 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 deemed reliable but is not guaranteed accurate by the MLS or Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
 
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Brandon Hobbs Group | Compass
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Newport Beach CA, 92660