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1818 Oak Street, Santa Monica, CA 90405
$1,891,000
1818 Oak Street, Santa Monica, CA 90405View this property at 1818 Oak Street, Santa Monica, CA 90405
1818 Oak StreetSanta MonicaCA90405
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Property Description
Great opportunity to own a rare 6 Unit Multi Family Property in the heart of Santa Monica. Located just 3 miles from the 3rd street Promenade and 2.4 miles from the Santa Monica Pier this location allows you to have the convenience of living near the city's most popular attractions, while still being located in a quiet tree filled neighborhood. Want to enjoy a day at the beach, you can take a 5-minute bike ride to the beach which is just 2 miles. If your idea is to rent to students, Santa Monica College is also only 1 mile from campus. Five units are 1 bedroom 1 bathroom, with 6th being a studio and property has three ample sized garages for parking or storage. This is a great property for an investor or someone looking to buy a home with rental income. Property to be Sold As Is.
Full Property Details
Full Property Details for 1818 Oak St
General
- Sold For: $1,891,000
- Status: Closed
- Type: Multi-Family
- MLS ID: SW23020484
- Added to Site: 441 day(s) ago
Interior
- Fireplace(s): None
- Appliances: None
Rooms
Other Rooms
- Laundry: Common Area, Community, Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Included
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 3
Location
- Area: C14 - Santa Monica
- County: Los Angeles
- Development Name: C14 - Santa Monica
- Driving Directions: 10 Fwy East Exit Bundy Drive Make R On Ocean Park L on 21st and R on Oak St.
Heating & Cooling
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 6
- # Electric Meters: 6
Structural Information
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,599
- Year Built: 1946
Unit Information
Unit 1
- Number of Units: 5
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Property View: None
- Lot Size (Acres): 0.1606
- Lot Size Source: Assessor
- Zoning: SMR2*
- Lot Description: 0-1 Unit/Acre, Landscaped, Yard
Financial Considerations
- Price Per Sq. Ft.: $727.59
- Price Per Unit: 350000
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Inclusions: Community Washer and Dryer
Listed by America's Alternative Realty, Ramiro Flores
Sold by Amanda Robertson, Amanda Robertson
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Schools
Schools serving 1818 Oak St
School District:Santa Monica-Malibu Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2368 Pearl St, Santa Monica, CA 90405 | K-5 | 0.5 mi | |
2425 16th St, Santa Monica, CA 90405 | 6-8 | 0.3 mi | |
601 Pico Blvd, Santa Monica, CA 90405 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1818 Oak St
Date
Details
Price
Change
Source
10/13/2023
Sold
$1,891,000
-9.95%
MLS
7/05/2023
Price Reduced
$2,100,000
-16%
MLS
2/05/2023
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1818 Oak Street, Santa Monica, CA 90405 (MLS# SW23020484) is a Multi-Family property that was sold at $1,891,000 on October 13, 2023. Want to learn more about 1818 Oak Street? Do you have questions about finding other Multi-Family real estate for sale in Santa Monica? You can browse all Santa Monica real estate or contact a Coldwell Banker agent to request more information.