NOT LISTED FOR SALE
12 Beds
12 Baths
6,977 Sq Ft
6,998 Sq Ft Lot

Last Sold November 26, 2019

Last sale price $3,025,000 $434 Per Sq Ft

74 Days on Market

About This Home

As of November 2019

Property tour is scheduled for this Thursday, September 19th, from noon - 2pm.This beautiful 6-unit apartment building located in a highly desirable location of Santa Monica, near many new restaurants and Santa Monica College. 2026 Oak Street is approximately 6,998 square feet of building, comprising of expansive units and tremendous upside potential. Part of a 5-building portfolio sale, the subject property can be be purchased individually or as a package with 4 other properties. Please do NOT disturb the tenants. All showings are subject to an accepted offer.

Last Agent to Sell the Property

Chase Simonton

RE/MAX One License #01766871 Listed on: 07/15/2019

RE/MAX One

Co-Listed By

Jason Flashman

Keller Williams Encino/Sherman Oaks License #01841976

Last Buyer's Agent

Kimiyasu Murayoshi

Andrew C. Lee License #01329437

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 6,998

Interior Spaces

  • 6,977 Sq Ft Home
  • 2-Story Property
  • Washer

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Parking

  • 6 Parking Spaces
  • Assigned Parking

Additional Features

  • 6,998 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 4272-002-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6977
  • Probate: No
  • Stories: 2
  • Year Built: 1967
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 12.00
  • Den: 0
  • Equipment: Washer
  • Price Per S Q F T: 437.15

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 6

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 580934
  • Assessed Land Value: 1373118
  • Assessor Parcel Number: 4272-002-019
  • Geocode Override: No
  • Lot Size Area: 6998

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 15.96
  • Number Of Units: 6
  • Rent Control: 100
  • Total Annual Expense: 61768
  • Type Of Units: 3,2,1
  • Vacancy Rate: 0

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
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
11/26/2019 11/26/19 Sold $3,025,000 -0.8% $434 / Sq Ft
09/27/2019 09/27/19 Pending -- -- --
09/16/2019 09/16/19 Price Changed $3,050,000 -9.0% $437 / Sq Ft
07/15/2019 07/15/19 For Sale $3,350,000 +45.7% $480 / Sq Ft
08/23/2013 08/23/13 Sold $2,300,000 0.0% $330 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
06/24/2013 06/24/13 For Sale $2,300,000 +27.8% $330 / Sq Ft
12/21/2012 12/21/12 Sold $1,800,000 -18.2% $258 / Sq Ft
10/02/2012 10/02/12 Pending -- -- --
08/28/2012 08/28/12 For Sale $2,200,000 -- $315 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-488644

The MLS