2005 Oak Street, Santa Monica, CA 90405
Property
For sale now
2005 Oak Street is on the market at $2,490,000 (6 bd · 4 ba · 2,921 sqft). See the current listing →
Sold January 2022
Listing Agent: Evelyn Lauchenauer (DRE #01765753) · Listing Office: Berkshire Hathaway HomeServices California · Contact: 310-829-0629 · Bought with: David Barr · David Barr · MLS #21778528 · Source: CRMLS
How this sale compares
2005 Oak Street sold for $2,490,000 in January 2022, 4.2% under its $2,600,000 list price, after 113 days on the market. Across 125 closed sales in 90405 over the last 12 months, the median sold price is $2,050,000 and the median is $1,096 per square foot.
| Quarter | Closed sales in 90405 | Median sold price |
|---|---|---|
| Q1 2026 | 9 | $2,105,000 |
| Q2 2026 | 60 | $1,896,293 |
| Q3 2026 | 56 | $2,270,500 |
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
About this property
Tucked away in a quiet neighborhood, this rent control depressed asset is ideal for an investor looking to reside at the property. This Bungalow-style fourplex is located in the highly desirable beach community of Santa Monica. Positioned in the middle of a tree-lined residential block just south of Ocean Park Blvd. The property is adjacent to the neighborhood's local cafes, markets and shops along Ocean Park Boulevard and not far from Trader Joes, Whole Foods and Costco. Constructed in 1948, this almost 3,000 SF single-story trophy asset sits on 7,010 SF with SMR2 zoning. Comprised of (3) one-bedroom units and (1) light filled three-bedroom one and 3/4 bath middle unit surrounded by gardens. Each unit has been individually metered for gas and electricity. Additional property amenities include a landscaped front and back yards and (5) private, one-car garages. Two of the garages have been converted to an office/storage space with carpeting, lighting, and a window. The community laundry room has a stylish newer floor. 2005 Oak Street presents significant value-add opportunity to investors. With a popular location that is consistently under high demand among high-earning young professionals, 2005 Oak Street affords investors the opportunity to acquire a flexible investment property in this ever-growing metropolitan beach community.
Listing description from the January 2022 sale, as reported to CRMLS.
Sale history
Recent sales near 2005 Oak Street
- 1720 Oak Street — Sold $3,346,000 · 4 bd · 2 ba · 2,219 sqft · Jul 2026 · 0.1 mi
- 2108 Hill Street — Sold $2,800,000 · 3 bd · 2 ba · 1,402 sqft · Aug 2026 · 0.1 mi
- 2524 22nd Street — Sold $2,680,000 · 2 bd · 2 ba · 1,269 sqft · Jun 2026 · 0.1 mi
- 2137 Ashland Avenue — Sold $5,550,000 · 5 bd · 6 ba · 4,400 sqft · Aug 2026 · 0.2 mi
- 2411 20th Street — Sold $2,170,000 · 8 bd · 9 ba · 4,912 sqft · Aug 2026 · 0.2 mi
- 1724 Pine Street — Sold $4,868,000 · 4 bd · 5 ba · 3,324 sqft · Aug 2026 · 0.2 mi
- 2338 21st Street — Sold $3,125,000 · 3 bd · 2 ba · 1,785 sqft · Aug 2026 · 0.3 mi
- 2410 Ocean Park Boulevard — Sold $2,075,000 · 10 bd · 11 ba · 6,324 sqft · Jul 2026 · 0.3 mi
MLS-reported closed sales in 90405, nearest first (last 12 months). All recent sales in Santa Monica →
Questions about 2005 Oak Street
When did 2005 Oak Street last sell?
2005 Oak Street last sold in January 2022 for $2,490,000, according to CRMLS-reported closed sales.
What did 2005 Oak Street sell for?
$2,490,000, 4.2% below the $2,600,000 list price, after 113 days on the market.
How does that compare to other Santa Monica sales?
125 homes closed in ZIP 90405 over the last 12 months at a median of $2,050,000 ($1,096 per square foot).
Is 2005 Oak Street for sale now?
Yes — 2005 Oak Street is currently on the market at $2,490,000. Open the current listing on Nalren for photos, details and the listing agent.