$2,800,000
$300K PRICE DROP

Estimated payment $18,056/month

Total Views 4,952
6 Beds
6 Baths
4,607 Sq Ft
$608 Price per Sq Ft

About This Home

Introducing 1807 Oak St. Well-located in the hot rental market of Santa Monica, this property is just a few minutes from Clover Park. This 5-unit building consists of (1) 3-bedroom 2-bath unit front, (1) 1-bedroom 1.5 bath unit, and (3) 1-bedroom 1-bath units. The property is currently operating at 3.65% Cap Rate and 17.34 GRM. The property has a total of 8 parking spaces, including a 2-car and a 1-car garages.

Listing Agent

Kimiyasu Murayoshi

Andrew C. Lee License #01329437 Listed on: 02/01/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Home Design

  • Split Level Home

Interior Spaces

  • 4,607 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • Covered Parking
  • Assigned Parking

Additional Features

  • 7,008 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 5 Units
  • Low-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 4272-001-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Low Rise
  • Levels: One, Multi/Split
  • Street Number Display: Yes
  • Living Area: 4607
  • Lot Acreage: 0.1609
  • Stories: 2
  • Year Built: 1979
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 6.00
  • Equipment: Dishwasher, Ceiling Fan, Garbage Disposal, Microwave, Hood Fan, Refrigerator, Range/Oven
  • Price Per S Q F T: 607.77

Exterior Features

  • Other Structures: None
  • View: No

Garage/Parking

  • Parking Garage: Assigned, Covered Parking, Garage - 2 Car, Garage - 1 Car

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 24.62
  • Assessed Improvement Value: 832320
  • Assessed Land Percent: 75.38
  • Assessed Land Value: 2548980
  • Total Assessed Value: 3381300
  • Assessor Parcel Number: 4272-001-007
  • Lot Size Area: 7008

Rental Info

  • Total Actual Rent: 175560.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 15.71
  • Number Of Units: 5
  • Total Annual Expense: 53899
  • Type Of Units: 1+1, 3+2
  • Vacancy Rate: 3%

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Price Changed $2,800,000 -3.4% $608 / Sq Ft
06/04/2025 06/04/25 Price Changed $2,900,000 -1.7% $629 / Sq Ft
04/15/2025 04/15/25 Price Changed $2,950,000 -4.8% $640 / Sq Ft
02/01/2025 02/01/25 For Sale $3,100,000 +20.2% $673 / Sq Ft
02/22/2021 02/22/21 Sold $2,580,000 -2.6% $560 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $2,650,000 -- $575 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25494181

The MLS