2029 Oak Street

Santa Monica, CA 90405

$2,175,000
Last Sold Price
5
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

2029 Oak Street is a turnkey triplex located in the Sunset Park neighborhood of Santa Monica, California. The property, which consists of three free standing structures, offers an excellent unit mix of 1 one-bedroom/one-bathroom unit, 1 two-bedroom/one-bathroom unit and 1 two-bedroom/two-and-one-half-bathroom unit. Each of the units have been recently remodeled and feature new kitchens with tile backsplashes, stone countertops and high end appliances. Each unit has its own washer/dryer hookups. The...2029 Oak Street is a turnkey triplex located in the Sunset Park neighborhood of Santa Monica, California. The property, which consists of three free standing structures, offers an excellent unit mix of 1 one-bedroom/one-bathroom unit, 1 two-bedroom/one-bathroom unit and 1 two-bedroom/two-and-one-half-bathroom unit. Each of the units have been recently remodeled and feature new kitchens with tile backsplashes, stone countertops and high end appliances. Each unit has its own washer/dryer hookups. The remodeled bathrooms feature designer tile and high end finishes. Each unit features hardwood flooring throughout and new windows. The 2,525 square foot building sits on a 7,013 square foot SMR2 zoned lot. The property also features four enclosed garages. Please contact listing agent for full marketing package.
  1. Listed by Jeffrey Louks • DRE #00908473 • Marcus & Millichap

Property Details for 2029 Oak Street

Total Units
3.0
Stories Total
0
Zoning
SMR2*
Senior Community
No
Parcel Number
4272001011
Area
Santa Monica (C14)
Directions
On the northwest corner of Oak Street and 21st Street.

Location

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LISTING UPDATED: 04/16/2020 12:27 PM

Property Details for 2029 Oak Street

StatusClosed
MLS #19467388
Days on Market261
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1932
Lot Size0.16 AC / 7,013 SF
CountyLos Angeles County

Location

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Building Information for 2029 Oak Street

Stories-Residences-Year Built1932Building Size-Lot Size0.16 AC / 7,013 SF

Payment Calculator

$14,298 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,870

Property Taxes

$2,428

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2029 Oak Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $140,580
  • Gross Operating Income: $136,363
  • Net Operating Income: $100,643
  • Gross Multiplier: 16.36
Property / Structure Info
Interior Features
  • Appliances: Refrigerator
  • Cooling: Central Air
  • Heating: Forced Air, Wall Furnace
Parking Info
  • Parking: Yes
  • Parking Features: Garage
Unit Information
Unit 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $3,075
  • Unit Type Type: 1
Unit 2
  • Unit Type Type: 10
Unit 3
  • Unit Type Type: 11
Unit 4
  • Unit Type Type: 12
Unit 5
  • Unit Type Type: 13
Unit 6
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $3,595
  • Unit Type Type: 2
Unit 7
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $5,045
  • Unit Type Type: 3
Unit 8
  • Unit Type Type: 4
Unit 9
  • Unit Type Type: 5
Unit 10
  • Unit Type Type: 6
Unit 11
  • Unit Type Type: 7
Unit 12
  • Unit Type Type: 8
Unit 13
  • Unit Type Type: 9
Unit Information
  • Number Of Buildings: 3

Property History for 2029 Oak Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2029 Oak Street

Taxable ValueLand$2,112,012Additions$312,120Total$2,424,132
Tax Record2023$29,139 ($2,428 / month)
Home Facts
Total Finished SqFt2,525 SqFtAbove Grade Finished SqFt2,525 SqFtLot Size7,013 SqFtStyleTriplexYear Built1932ZoningSMR2*CountyLOS ANGELESAPN4272-001-011

Schools near 2029 Oak Street

This home is within Santa Monica-Malibu Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Grant Elementary School
PublicK to 5

John Adams Middle School
Public6 to 8

Santa Monica High School
Public9 to 12

Juan Cabrillo Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Jeffrey Louks, DRE #00908473

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.