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2211 Oak St
Santa Monica, CA 90405

5 Unit Apartment Community in Santa Monica · Multifamily Property For Sale · 5 Units

Investment Highlights

  • The Front House will be Delivered Vacant. Additionally, There is 24% Remaining Rental Upside Through Interior Renovations
  • Located in a Highly Desirable Pocket of Sunset Park, Santa Monica. Situated in between Brentwood, West LA & Marina Del Ray
  • The Seismic Retrofit Work has Already Been Completed by Current Ownership Which Saves a New Investor Substantially in Capital
  • Current Ownership has Attentively Owned and Operated the Property, Leaving an Excellent Physical Plant for a New Buyer to Continue Operations
  • This Exterior has been Recently Painted, Adding a Visually Appealing Look. The Apartment is Equipped with Double Pane Windows
  • With a Bike Score of 94, Biker’s Paradise’, Residents Enjoy Convenient Access to Employment Centers, Retail, Restaurants, & Nightlife

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.16 AC
Building Size 4,493 SF
Average Occupancy 100%
No. Stories 2
Year Built 1937
Parking Ratio 1.56/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 - -
2+1 2 - -
3+2 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4272-008-020
Land Assessment
$2,032,500
Improvements Assessment
$500,000
Total Assessment
$2,532,500

zoning

Zoning Code SMR2
SMR2
  • Listing ID: 28666367

  • Date on Market: 6/5/2023

  • Last Updated:

  • Address: 2211 Oak St, Santa Monica, CA 90405

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