NOT LISTED FOR SALE

2438 Oak St Santa Monica, CA 90405

Sunset Park Neighborhood

Estimated Value: $1,756,000 - $2,996,000

5 Beds
4 Baths
2,757 Sq Ft
$854/Sq Ft Est. Value

Last Sold May 02, 2014

Last sale price $1,450,000 $526 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $14,600/month

138 Days on Market

Highlights

  • Post and Beam
  • 4 Car Detached Garage
  • 1-Story Property
  • Grant Elementary School Rated A+
  • Ceiling Fan
  • 2-minute walk to Clover Park

About This Home

As of May 2014

2 units will be delivered vacant at the close of escrow... the 2 bedroom + the 1 bedroom next door... possible to create a 3 bedroom 3 bath with two 1 bedroom rentalsCharming owner-user 4-plex on a quiet tree-lined street. Located close to a huge park, the units include private garden patios, open beam knotty pine cathedral ceilings + breakfast bars, back doors, great storage, copper plumbing throughout + new $30,000 mainline plumbing. OWNER'S UNIT IS A 2 BEDROOM + 1.75 BATH UNIT WITH HIGH CEILINGS, A SLEEPING LOFT, 2 LARGE PATIOS, 2 GARAGES + INSIDE LAUNDRY. THIS PROPERTY IS UNDER SANTA MONICA RENT CONTROL. SOLD 'AS-IS.' No signs on property. DO NOT DISTURB THE TENANTS. Owner's unit may be seen by appointment & will be vacated. Dining room fixture is excluded. Building has earthquake insurance at approx. $1550 a year.

Last Agent to Sell the Property

Elaine Golden-Gealer

Coldwell Banker Realty License #00598428 Listed on: 10/03/2013

Last Buyer's Agent

Elaine Golden-Gealer

Coldwell Banker Realty License #00598428 Listed on: 10/03/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,335

Year Built

  • Built in 1952

Lot Details

  • 7,000

Parking

  • 4 Car Detached Garage

Home Design

  • Quadruplex
  • Post and Beam

Interior Spaces

  • 2,757 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Oven or Range

Additional Features

  • 7,000 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Buildings
  • 4 Units

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 4272-020-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,335

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Post & Beam
  • Street Number Display: Yes
  • Living Area: 2757
  • Stories: 1
  • Year Built: 1952
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Ceiling Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 543.71

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Detached, Garage
  • Total Parking: 4

Utilities

  • Heating: Wall
  • Water Expense: 4800.00

Fee Information

  • Insurance Expense: 1867.00

Lot Info

  • Assessor Parcel Number: 4272-020-021
  • Geocode Override: No
  • Lot Size Area: 7000

Rental Info

  • Owner Pays: Gardener, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Rent Control: 4
  • Total Annual Expense: 0
  • Type Of Units: 4 Plex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2014
Sold by
Hessman James V and The James V Hessman Revocable
Bought by
Weinstein Ari J and Ari J Weinstein 2009 Revocable
Current Estimated Value
$2,353,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,015,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 3, 2010
Sold by
Trust B Of The Hessman Trust
Bought by
Hessman James V and Hessman Frederick R

Purchase Details

Closed on
Aug 19, 1993
Sold by
Hessman Mary W and The Hessman Trust
Bought by
Hessman Mary W and Trust B Of The Hessman Trust
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
Weinstein Ari J $1,450,000 Equity Title
Hessman James V -- None Available
Hessman James V -- None Available
Hessman Mary W -- --
Hessman Mary W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weinstein Ari J $1,100,000
Closed Weinstein Ari J $300,000
Closed Weinstein Ari L $1,100,000
Previous Owner Weinstein Ari J $1,015,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2014 05/02/14 Sold $1,450,000 -3.3% $526 / Sq Ft
02/18/2014 02/18/14 Pending -- -- --
10/03/2013 10/03/13 For Sale $1,499,000 -- $544 / 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 $21,335 $1,777,493 $1,225,859 $551,634
2024 $21,335 $1,742,641 $1,201,823 $540,818
2023 $20,995 $1,708,472 $1,178,258 $530,214
2022 $20,730 $1,674,973 $1,155,155 $519,818
2021 $20,211 $1,642,131 $1,132,505 $509,626
2019 $19,869 $1,593,426 $1,098,915 $494,511
2018 $18,616 $1,562,183 $1,077,368 $484,815
2016 $17,851 $1,501,524 $1,035,534 $465,990
2015 $17,618 $1,478,971 $1,019,980 $458,991
2014 $2,358 $128,807 $65,178 $63,629
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Elaine Golden-Gealer

    Coldwell Banker Realty

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Map

Source: The MLS

MLS Number: 13-708957

The MLS

APN: 4272-020-021

California Los Angeles County Santa Monica 90405 Sunset Park

2438 Oak St, Santa Monica, CA

This home is located at 2438 Oak St, Santa Monica, CA 90405 since 03 October 2013 and is currently estimated at $2,353,106, approximately $853 per square foot. This property was built in 1952. 2438 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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