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Sold for $2,450,000 · Sep 2024

SOLD

Listed at $2,100,000

Sold

1520 Oak Street, Santa Monica, CA 90405

Santa Monica, CA

MLS# PW24176540

1,493 Sq Ft • Single Family Home3bd • 2ba
3 days on market

Listing Agent

Nancy Burcham

Listing Agent

HomeBased Realty

DRE #: 01950226

Brokerage: HomeBased Realty

Property Details

3

Bedrooms

2

Bathrooms

1,493 sqft

Square Feet

1935

Year Built

6,995 sqft

Lot Size

$1,641

Price/Sq Ft

2

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

Once-in-a-lifetime opportunity…this highly-sought Spanish gem in trendy Sunset Park boasts a front courtyard, 3 beds/2 baths + den, abundant windows with serene natural lighting, and almost 7000sf lot. Great for owner-occupier ready to make it their own, or for anyone interested in creating rental income as well: rear den and primary bedroom suite could become a separate apartment with private entrance, leaving a large 2bd/1ba unit in the front; possibility for an ADU behind the detached garage; ample off-street parking, even if you convert the garage to an ADU. This lovely home hasn’t been on the market in over 60 years and retains many vintage features, yet the updated kitchen makes it instantly livable. (Bathrooms are functional but need your touch). With almost 1500 sf of living space, beautiful arches, a fireplace, long driveway, and a charming backyard that could become your private oasis, this begs for large gatherings, cozy holiday celebrations, and intimate dinner parties. It’s an easy stroll to Ocean Park Blvd, with convenient shops, hip restaurants, and the famous Bob’s market. Desirable Santa Monica schools and Santa Monica College are a short walk. Marine Park and Clover Park are nearby, and the beach beckons, just over 1 mile away. Don’t miss this one-of-a-kind opportunity. It will go fast! See reports in Supplements. See private notes for offer instructions. Broker/Agent does not guarantee the accuracy of the information provided. Buyers should do their independent investigations by qualified professionals and rely on the same. Check with city regarding rentals and ADUs. City of Santa Monica has rent control.

Listing description from the September 2024 sale, as reported to CRMLS.

Facts & Features

Details

Stories
1
Cooling
None
Heating
Baseboard, Electric, FloorFurnace

Sale history for 1520 Oak Street

1 recorded sale

$2,450,000
Sold September 2024 · listed $2,100,000, on market July 2024, 3 days on market · MLS #PW24176540 · Source: CRMLS
Listing Agent: Nancy Burcham · Listing Office: HomeBased Realty · Contact: nburcham65@yahoo.com · Bought with: Emma Murphy · Coldwell Banker Realty

How this sale compares

1520 Oak Street sold for $2,450,000 in September 2024, 17% over its $2,100,000 list price, after 3 days on the market. That works out to $1,641 per square foot on 1,493 square feet. Across 133 closed sales in 90405 over the last 12 months, the median sold price is $2,005,000 and the median is $1,092 per square foot, 33% below this sale's $1,641. 3-bedroom rentals in 90405 currently list at a median of $9,250 a month (12 listings).

$1,641
This sale, per sq ft
$1,092
90405 median per sq ft (12 mo)
$2,005,000
90405 median sold price (12 mo)
133
Closed sales in 90405 (12 mo)
3
Days on market
+17%
Sold vs. list price
QuarterClosed sales in 90405Median sold price
Q1 20269$2,105,000
Q2 202660$1,896,293
Q3 202658$2,225,500
Q4 20266$2,421,250

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Santa Monica · Homes for sale in 90405

Recent sales near 1520 Oak Street

Closed sales reported in 90405, nearest first, last 12 months. All recent sales in Santa Monica →

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