NOT LISTED FOR SALE

2211 Oak St Santa Monica, CA 90405

Sunset Park Neighborhood
9 Beds
6 Baths
4,493 Sq Ft
7,000 Sq Ft Lot

Last Sold August 21, 2023

Last sale price $2,532,500 $564 Per Sq Ft

18 Days on Market

About This Home

As of August 2023

We are pleased to offer for sale a five-unit apartment community located at 2211 Oak Street. The subject property is located just south of Ocean Park Boulevard, within the desirable Sunset Park sub-market of Santa Monica. Situated on a 7,000 square foot parcel, the property comprises of two one-bedroom units, two two-bedroom units (added in 1984) and a vacant stand-alone three-bedroom, two-bathroom home. Upon acquisition, the front house will be delivered vacant, providing immediate flexibility and potential for new ownership. This presents an opportunity to reimagine the space and execute interior renovations that can unlock tremendous rental upside. The property offers a total of seven on-site parking spaces. The property is situated in one of the most desirable and affluent submarkets in Los Angeles County, making it an excellent investment opportunity for acquiring a well-maintained asset with remaining upside and long-term appreciation potential.

Last Agent to Sell the Property

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 06/05/2023

Last Buyer's Agent

George Wang

License #01751924

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 7,000 Sq Ft Lot

Parking

  • 7 Parking Spaces

Interior Spaces

  • 4,493 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 4272-008-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4493
  • Lot Acreage: 0.1607
  • Probate: No
  • Stories: 2
  • Year Built: 1937
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 556.42

Exterior Features

  • Other Structures: None

Garage/Parking

  • Total Parking: 7

Lot Info

  • Assessed Improvement Percent: 40.40
  • Assessed Improvement Value: 742648
  • Assessed Land Percent: 59.6
  • Assessed Land Value: 1095410
  • Total Assessed Value: 1838058
  • Assessor Parcel Number: 4272-008-020
  • Lot Size Area: 7000

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 14.27
  • Number Of Units: 5
  • Total Annual Expense: 57811
  • Type Of Units: Residential
  • Vacancy Rate: 1

Range of Values:

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Average Value
Not Available
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
08/21/2023 08/21/23 Sold $2,532,500 +1.3% $564 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $2,500,000 -- $556 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sean Rosenzweig

    Seller's Agent in 2023

    Sean Rosenzweig

    Marcus & Millichap

    (213) 943-1800

    1 in this area

    67 Total Sales

    Sean Rosenzweig
    Section Image

  • G

    Buyer's Agent in 2023

    George Wang

See All Agents

Map

Source: The MLS

MLS Number: 23-277211

The MLS
California Los Angeles County Santa Monica 90405 Sunset Park

2211 Oak St, Santa Monica, CA

This home is located at 2211 Oak St, Santa Monica, CA 90405 since 05 June 2023. This property was built in 1937. 2211 Oak St is a home located in Los Angeles County with nearby schools including Grant Elementary School, John Adams Middle School, and Santa Monica High School.

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