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2302 Oak St , Santa Monica, CA 90405
$3,680,000
Est. Payment: $18,517.18/mo
11 Bed
9 Bath
0 Sqft
Status: active | Days on site: 30
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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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 amenitiessupporting 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 Westsides most desirable rental markets.
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Highlights

Listed by Andy Dehu , 310-962-9994 Wetrust Realty , 626-587-4866. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.19

County

Los Angeles

Listing ID

OC26147045

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:11
  • ▪ Bathrooms:9
  • ▪ Full Bathrooms:

Exterior Features

Zoning:Public Rec
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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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.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.

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Data last updated: 2026-08-09T04:21:48.000Z

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