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    1807 Oak Street

    Santa Monica, CA 90405
    • $2,650,000
    • STATUS: Active Under Contract
    • ON SITE: 5 days
    • MLS #: 21675838
    Under Contract
    UPDATED: 62 min ago
    $2,650,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,607
      SQFT
    • $575
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1979
    County:

    School Ratings & Info

    Description

    Outstanding five-unit apartment property located at 1807-1809 Oak Street, in Sunset Park of beautiful Santa Monica. The property consists of a two-story 3+2 single-family in the front; Cute detached 1+1 house in the middle; Plus a Tri-plex in the back with one split-level 1+1.5 unit and two 1+1 units upstairs. Nicely landscaped with mature trees for shade and cooling. Situated on a 7,000+ square foot lot with 4,600+ square feet of living space, this property is located just south of Ocean Park Blvd. and west of 23rd Street. Many upgrades on property. Three of the units have been extensively remodeled; New roof in 2015 on tri-plex & 2000 on all other. On-site laundry brings at least $1,200 per year. Over-sized 2 car-garage in the back with a carport for five cars plus one more parking spot in front. Tenants have individual storage lockers. Individually metered. Three of the five units rent at market. The other two need some updating. Fantastic location close to the beach!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-19T22:28:57.06. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

    www.desertareahomesforsale.com/homes/113247176
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    1807 Oak Street Santa Monica, CA 90405

    • Price: $2,650,000
    • Status: Active Under Contract
    • Updated: 62 min ago
    • MLS #: 21675838
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    4,607
    SQFT
    $575
    $/SQFT
    1979
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    Outstanding five-unit apartment property located at 1807-1809 Oak Street, in Sunset Park of beautiful Santa Monica. The property consists of a two-story 3+2 single-family in the front; Cute detached 1+1 house in the middle; Plus a Tri-plex in the back with one split-level 1+1.5 unit and two 1+1 units upstairs. Nicely landscaped with mature trees for shade and cooling. Situated on a 7,000+ square foot lot with 4,600+ square feet of living space, this property is located just south of Ocean Park Blvd. and west of 23rd Street. Many upgrades on property. Three of the units have been extensively remodeled; New roof in 2015 on tri-plex & 2000 on all other. On-site laundry brings at least $1,200 per year. Over-sized 2 car-garage in the back with a carport for five cars plus one more parking spot in front. Tenants have individual storage lockers. Individually metered. Three of the five units rent at market. The other two need some updating. Fantastic location close to the beach!
    Exterior Features

    Architectural Style Traditional Carport Spaces 5.00 Direction Faces South Garage Spaces 2.00 Lot Size Dimensions 50X140 Lot Size Source Assessor Lot Size Units Square Feet Parking Features CarportDrivewayAssigned Parking Total 7.00 Parking YN Yes Roof CompositionShingle View None View YN No

    Interior Features

    Appliances DishwasherDisposalRefrigerator Appliances YN Yes Cooling None Cooling YN No Levels Multi/SplitOne

    Property Features

    Country Us Financial Info As Of 2020-12-31 00:00:00 Gross Income 156303.00 Gross Multiplier 17.00 Gross Operating Income 156303.00 Gross Scheduled Income 156300.00 Insurance Expense 3840.00 Laundry Income 1200.00 Lot Dimensions Source Assessor Maintenance Expense 10825.00 Net Operating Income 111326.00 New Taxes Expense 13075.00 Operating Expense 990.00 Other Expense 141.00 Professional Management Expense 9377.00 Property Condition Additions/AlterationsUpdated/Remodeled Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 155103.00 Total Expenses 44977.00 Vacancy Allowance Rate 0.00 Water Sewer Expense 3793.00 Zoning Smr2*

    Listing provided courtesy of Kelley Christine of Californian Estates


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-19T22:28:57.06. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

     
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