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Santa Monica, CA 90405,2302 Oak ST
Santa Monica, CA 90405,2302 Oak ST
Santa Monica, CA 90405,2302 Oak ST
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Rob Denny

Rob Denny

+1(858) 504-0449
$3,950,000
Est. payment /mo
8,285 Sqft Lot
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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25272345

HOA Y/N No

Year Built 1965

Lot Size 8,285 Sqft

Property Sub-Type Mixed Use

Property Description

Beautifully situated in a prime Santa Monica location, this seven-unit multifamily property lies just moments from the Santa Monica Business Park—home to major employers such as Snap, Hulu, Crexi, and Naughty Dog—and only a few blocks from Santa Monica College, which serves more than 26,000 students and faculty. The property is also positioned to benefit from the Santa Monica Airport Conversion Project, a city-led initiative that will permanently close the airport by 2028 and transform the surrounding area into expansive parks, open space, and new community amenities. This once-in-a-generation redevelopment is expected to significantly enhance neighborhood quality, elevate desirability, and support long-term rental and asset value growth.

Built in 1965, the asset offers approximately 9,109 square feet of living area on an 8,287-square-foot lot, featuring an exceptional unit mix of three 2-bed/2-bath units, three 3-bed/2-bath units, and one 4-bed/3-bath townhouse-style front unit. All units provide spacious layouts and ample storage. The building is separately metered for gas and electricity, includes an on-site laundry room, and offers five units with in-unit laundry—highly desirable amenities that support premium rent potential. Seven parking spaces, including four gated stalls, provide added security and convenience.

Two units have recently undergone substantial upgrades, including new flooring, renovated kitchens with gas appliances, updated bathrooms, modern lighting, and in-unit laundry. These improvements reduce deferred maintenance, enhance tenant experience, and strengthen long-term operating performance. With current rents still below market, a new owner will benefit from meaningful upside through natural turnover and full renovation of remaining units. Delivering immediate income, strong future rent growth, and extraordinary long-term appreciation potential supported by the airport conversion, this offering represents a rare opportunity to acquire a turnkey multifamily asset in one of the Westside's most desirable and consistently high-demand rental markets.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Interior

Fireplace No

Laundry Common Area, Inside

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Street Lights

Total Parking Spaces 4

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4272021001

Energy Description 2400.0

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Andy Dehu Real Broker 310-962-9994

Nearby Locations

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    Edison Language Academy

    Public | PK - 5

  • 10

    Westwood Charter Elementary School

    Public | KG - 5

  • 9

    Franklin Elementary School

    Public | PK - 5

  • 9

    Grant Elementary School

    Public | PK - 5

  • 9

    Mar Vista Elementary

    Public | KG - 5

  • 9

    Fairburn Avenue Elementary School

    Public | KG - 5

  • 9

    Clover Avenue Elementary School

    Public | KG - 5

  • 9

    Overland Elementary School

    Public | KG - 5

  • 8

    Roosevelt Elementary School

    Public | KG - 5

  • 8

    Santa Monica Alternative (K-8)

    Public | KG - 8

  • 8

    McKinley Elementary School

    Public | KG - 5

  • 8

    Will Rogers Learning Community

    Public | KG - 5

  • 8

    Broadway Elementary School

    Public | KG - 5

  • 8

    Coeur d'Alene Avenue School

    Public | KG - 5

  • 8

    Richland Avenue Elementary

    Public | KG - 6

  • 8

    Ocean Charter

    Public | KG - 8

  • 7

    Nora Sterry Elementary School

    Public | KG - 5

  • 7

    Goethe International Charter

    Public | KG - 8

  • 6

    Short Avenue Elementary

    Public | KG - 6

  • 6

    Grand View Boulevard Elementary School

    Public | KG - 5

Middle Schools 16
  • 9

    Lincoln Middle School

    Public | 6 - 8

  • 8

    Paul Revere Charter School

    Public | 6 - 8

  • 8

    New West Charter

    Public | 6 - 10

  • 7

    John Adams Middle School

    Public | 6 - 8

  • 7

    Palms Middle School

    Public | 6 - 8

  • 6

    Emerson Community Charter

    Public | 6 - 8

  • 5

    Mark Twain Middle School

    Public | 6 - 8

  • 5

    Magnolia Science Academy 4

    Public | 6 - 12

  • 5

    Icef Vista Middle Academy

    Public | 6 - 8

  • 4

    Daniel Webster Middle School

    Public | 6 - 8

  • 2

    Marina Del Rey School

    Public | 6 - 8

  • 0

    Fusion Academy - los Angeles

    Private | 6 - 12

  • 0

    City Charter Middle School

    Public | 6 - 8

  • 0

    James J. Mcbride Special Education Center

    Public | 6 - 12

  • 0

    Windward School

    Private | 7 - 12

  • 0

    Westview School

    Private | 7 - 12

High Schools 11
  • 9

    Santa Monica High School

    Public | 9 - 12

  • 7

    Animo Venice Charter High School

    Public | 9 - 12

  • 6

    University High School Charter

    Public | 9 - 12

  • 6

    Venice High School

    Public | 9 - 12

  • 0

    St Monica Catholic High School

    Private | 9 - 12

  • 0

    Pacifica Christian High School

    Private | 9 - 12

  • 0

    Olympic High (Continuation)

    Public | 9 - 12

  • 0

    Lighthouse Christian Academy

    Private | 9 - 12

  • 0

    Arete Preparatory Academy

    Private | 9 - 12

  • 0

    Phoenix Continuation

    Public | 9 - 12

  • 0

    Notre Dame Academy Girls High School

    Private | 9 - 12

School and business data provided by Attom Data.

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Rob Denny

Rob Denny

+1(858) 504-0449

Agent | License ID: #01786169

Agent License ID: #01786169

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