2450 Oak Street, Santa Monica, CA 90405

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Property Description

$2,000,000 ASSUMABLE LOAN. 4% interest only until 2029 for qualified buyer (private 3rd party lender) . Two blocks from Snapchat. Very well maintained building with character. 6 charming, one bedroom units located on quiet tree-lined street in Sunset Park. Backs to single family residential. All units have patios. Front unit has patio with fireplace. Certain units have been nicely upgraded with stone counters, stainless appliances and some, if not all, with in-unit laundry. Garage income of approximately $1,150/month from offsite renters (included in gross rent subject to verification). 5 total one car garages for possible future ADU conversion. Very close proximity to trendy eateries and other shops and amenities on Ocean Park Blvd. Just down the street from beautiful Clover Park! Inside with accepted offer. Income and expenses are approximate. Income and expense will be provided to the buyer through management company. Unit 3 can be delivered vacant or tenant will remain at $2,750/ month.


Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Wood
Interior Information
Cooling Type None

Listing Information

Address 2450 Oak Street
City Santa Monica
State CA
Zip 90405
County Los Angeles
Listing Agent David Putnam DRE #01036004
Courtesy Of Berkshire Hathaway HomeServices California Properties
List Price $2,970,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 7,013
Year Built 1948

Listing information courtesy of: David Putnam, Berkshire Hathaway HomeServices California Properties. *Based on information from the Association of REALTORS/Multiple Listing as of Jun 14th, 2024 at 10:12 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.