2211 Oak Street
2211 Oak Street
$2,532,500
9
6
4,493
4,493
$564
Sold 8/21/23
Description
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...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.
- Listed by Sean Rosenzweig • DRE #01406343 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 2211 Oak Street
Zoning
SMR2*
Parcel Number4272008020
Total Units5.0
Living Area4493
Source Living AreaAssessor
AreaSanta Monica (C14)
Vacancy Rate1
Lot Size Area7000
Location
LISTING UPDATED: 09/06/2023 09:28 AM
Property Details for 2211 Oak Street
Status | Sold |
---|---|
MLS # | 23-277211 |
Days on Market | 18 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1937 |
Lot Size | 0.16 AC / 7,000 SF |
County | Los Angeles County |
Location
Building Information for 2211 Oak Street
Stories2Residences-Year Built1937Building Size-Lot Size0.16 AC / 7,000 SF
Payment Calculator
$15,759 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2211 Oak Street
Property History for 2211 Oak Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2211 Oak Street
Taxable ValueLand$1,117,318Additions$757,500Total$1,874,818
Tax Record2023$23,251 ($1,938 / month)
Home Facts
Total Finished SqFt4,493 SqFtAbove Grade Finished SqFt4,493 SqFtLot Size7,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1937ZoningSMR2*CountyLOS ANGELESAPN4272-008-020
Schools near 2211 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.
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