2450 Oak Street, Santa Monica, CA 90405
Property · 2 recorded sales since 2018
Sold September 2021
Listing Agent: Chase Simonton (DRE #01766871) · Listing Office: RE/MAX One · Contact: 818-366-3300 · Bought with: David Putnam · Berkshire Hathaway HomeServices California · MLS #21773428 · Source: CRMLS
About this property
35% DOWN SELLER FINANCING AT 4.0% INTEREST ONLY (call or email for full details) 2450 Oak Street is a charming 6-unit Multi-family asset is located in Sunset Park, Santa Monica. The property features various upgrades to some of the units including all new windows, copper plumbing, in-unit laundry, steel appliances, granite countertops, chefs kitchen, ceiling fans, stackable W/D, and a new roof on both buildings with a rubberized layer installed in 2015-2016. 4 of the 6 units have large private gated patios, and the front house has a private gated patio with a fire pit. The building is walking distance to Clover Park and many businesses and restaurants along Ocean Park Blvd. This prime location is a straight shot to both the Interstate 10 freeway on the east and Ocean Park Beach on the west. Tucked away in a quiet residential neighborhood, this asset is ideal for an investor looking to acquire an appreciating asset with 30% upside in rents and attractive interest only seller financing. ADDITIONAL $1,300 IN GARAGE INCOME FROM OFF-SITE TENANTS. Please do not disturb the tenants. All showings will be subject to an accepted offer.
Listing description from the September 2021 sale, as reported to CRMLS.
Sale history
