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Home For Sale

Picture of Home For Sale in Santa Monica, California, United States

$2,500,000

2211 Oak St
Santa Monica, California, United States

9bd 6ba

Listed By: Realtyww Info

Listed On: 06/07/2023

Listing ID: GL10216230 View More Details

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 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.

For more details:

Listed by: Marcus Millichap
Source: The World Property Journal

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