2302 Oak St , Santa Monica, CA 90405
$3,680,000
Est. Payment: $18,517.18/mo
19 Bed
15 Bath
9109 Sqft
Status: active | Days on site: 32
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Beautifully located in a prime Santa Monica area, this seven-unit multifamily property is just minutes from Santa Monica Business Park, major employers, and Santa Monica College. The property is also well-positioned to benefit from the Santa Monica Airport Conversion Project, which will close the airport by 2028 and transform the area into parks, open space, and community amenities—supporting long-term neighborhood desirability and value growth. Built in 1965, the property offers approximately 9,109 SF of living area on an 8,287 SF lot, with a strong 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. The building is separately metered for gas and electricity, includes on-site laundry, five units with in-unit laundry, and seven parking spaces, including four gated stalls. Two units have been recently upgraded with new flooring, renovated kitchens, updated bathrooms, modern lighting, and in-unit laundry. With current rents below market, a new owner has meaningful upside through natural turnover and renovation of the remaining units. This offering provides immediate income, strong rent growth potential, and long-term appreciation in one of the Westside’s most desirable rental markets.

Highlights

Listed by Andy Dehu , 310-962-9994 Wetrust Realty , 626-587-4866. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.19

Year Built

1965

County

Los Angeles

Area

C14 - Santa Monica

Listing ID

OC26147045

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:19
  • Bathrooms:15
  • Full Bathrooms:
Other:Public

Exterior Features

Lot:6-10 Units/Acre,No Land Lease
Garage Capacity:7
Others:2+ Total Units
Sewer:Public Sewer
Principal Interest
$18,517
Taxes
$2,346

Home Price

$3,680,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$736,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$18,517.18

Principal

Taxes

Principal Taxes HOA Total
Monthly $18,517.18 $2,346.00 $0.00 $20,863.18
Yearly $222,206.14 $28,152.00 $0.00 $250,358.14
Total $6,666,184.16 $844,560.00 $0.00 $7,510,744.16

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Santa Monica, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-09T04:37:47.000Z

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