2211 Oak Street, Santa Monica, CA 90405

About this property

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.

Listing description from the August 2023 sale, as reported to CRMLS.

Sale history

$2,532,500

Sold August 2023 · listed $2,500,000, on market June 2023 · MLS #23277211 · Source: CRMLS

Listing Agent: Sean Rosenzweig · Listing Office: Marcus & Millichap · Contact: 213-943-1800 · Bought with: George Wang · Harvest Realtors, Inc.

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