NOT LISTED FOR SALE

2401 Oak St Santa Monica, CA 90405

Sunset Park Neighborhood

Estimated Value: $2,250,000 - $2,970,000

6 Beds
4 Baths
3,091 Sq Ft
$818/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $2,100,000 $679 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $16,077/month

40 Days on Market

Highlights

  • Wood Flooring
  • Ground Level Unit
  • Ceiling Fan
  • Grant Elementary School Rated A+
  • Double Pane Windows
  • 5-minute walk to Clover Park

About This Home

As of October 2020

Price change! Excellently maintained, ready-to-rent, vacant 4-units in Sunset Park neighborhood of Santa Monica on tree-lined street w/ similar-type & single family properties. There are two 2-bedroom units & two 1-bedroom units. ALL 4 UNITS & 4 GARAGES WILL BE DELIVERED VACANT AT CLOSE OF ESCROW! All units & garages can be RENTED AT MARKET RATES. Both 2-bedroom units are all on ground level. 1-bedroom units are upstairs above garages. (In rental income breakdown, the "5th unit" is the combined projected rents from garages. Each can be rented separately from the units.) Each unit has it's own gas and electric meter. All have a living room. Great for owner-user/on-site landlord or straight-up investor. Low-rise, garden-style property w/ grassy front yard & large grassy side yard. All units have entrance from outside. 2-bedroom units have w/d hookups. Extra storage on site. Beautiful hardwood floors in each unit. All units have new double pane windows. Walk/bike to Clover Park & beach.

Last Agent to Sell the Property

Barry Weiss

Compass License #01211736 Listed on: 07/24/2020

Compass

Last Buyer's Agent

Marci Muir

License #02055799

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,539

Year Built

  • Built in 1948

Lot Details

  • 6,535 Sq Ft Lot
  • South Facing Home
  • Front Yard Sprinklers

Parking

  • 4 Car Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 3,091 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Gas Oven
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Location

  • Ground Level Unit

Utilities

  • Vented Exhaust Fan
  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4272-023-001

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Low-Rise Condominium

Building Details

  • Vacancy Allowance $3,528

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,539

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Low Rise
  • Levels: Ground Level, Two
  • Street Number Display: Yes
  • Alley: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 3091
  • Lot Acreage: 0.1500
  • Probate: No
  • Stories: 2
  • Year Built: 1948
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Range: 4
  • Number Refrigerator: 4
  • Flooring: Hardwood
  • Appliances: Free Standing Gas, Oven-Gas, Range
  • Bedrooms: 6
  • Common Walls: Attached
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Ceiling Fan, Range/Oven, Refrigerator, Vented Exhaust Fan
  • Price Per S Q F T: 736.01
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: South
  • Other Structures: None
  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Garage Structures: 1
  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Heating: Baseboard, Wall
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Sewer: In Street
  • Water: Public
  • Water Expense: 1380.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 1200.00
  • Maintenance Expense: 300.00

Lot Info

  • Sprinklers: Front, Sprinkler System, Sprinkler Timer
  • Assessed Improvement Percent: 46.46
  • Assessed Improvement Value: 56799
  • Assessed Land Percent: 53.54
  • Assessed Land Value: 65466
  • Total Assessed Value: 122265
  • Assessor Parcel Number: 4272-023-001
  • Lot Size Area: 6535

Rental Info

  • Number Leased: 0
  • Garage Rental Rate: 300

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 15.00
  • Number Of Units: 4
  • Total Annual Expense: 31597
  • Type Of Units: Apartments
  • Vacancy Allow: 3528
  • Vacancy Allow Percent: 2.00
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 27757.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Sep 17, 2020
Sold by
Liberman Eva Maria Theresla
Bought by
Freije William Elias and Gomez David
Seller's Agent
Barry Weiss
Compass
Buyer's Agent
Marci Muir
List Price
$2,473,000
Sold Price
$2,100,000
Premium/Discount to List
-$373,000
-15.08%
Current Estimated Value
$2,529,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,377
Avg. Annual Appreciation
3.96%
Original Mortgage
$438,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2000
Sold by
Bartos Eugene G and Bartos Eva
Bought by
Bartos Eugene G and Bartos Eva
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Freije William Elias $2,100,000 Lawyers Title
Bartos Eugene G -- --
Bartos Eugene G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freije William Elias $438,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $2,100,000 -7.7% $679 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/17/2020 08/17/20 Price Changed $2,275,000 -8.0% $736 / Sq Ft
07/24/2020 07/24/20 For Sale $2,473,000 -- $800 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $27,539 $2,330,496 $1,623,024 $707,472
2024 $27,539 $2,284,800 $1,591,200 $693,600
2023 $26,462 $2,184,840 $1,529,388 $655,452
2022 $26,134 $2,142,000 $1,499,400 $642,600
2021 $25,489 $2,100,000 $1,470,000 $630,000
2019 $2,043 $127,202 $68,110 $59,092
2018 $1,866 $124,709 $66,775 $57,934
2016 $1,760 $119,869 $64,183 $55,686
2015 $1,736 $118,069 $63,219 $54,850
2014 $1,747 $115,757 $61,981 $53,776
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Barry Weiss

    Compass

    Section Image

  • M

    Buyer's Agent in 2020

    Marci Muir

  • H

    Buyer Co-Listing Agent in 2020

    Henry Sarkisian

    Pacific Horizon Bancorp Inc

    Section Image
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Map

Source: The MLS

MLS Number: 20-609638

The MLS

APN: 4272-023-001

California Los Angeles County Santa Monica 90405 Sunset Park

2401 Oak St, Santa Monica, CA

This home is located at 2401 Oak St, Santa Monica, CA 90405 since 24 July 2020 and is currently estimated at $2,529,377, approximately $818 per square foot. This property was built in 1948. 2401 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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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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