Active

Condo/ Townhome/ Apartment

2302 Oak Street
Santa Monica, CA 90405

Directions:

23rd St and Oak St intersection

Last Modified: Aug 28 2026

Built: 1965

County: Los Angeles

MLS #: OC26147045

$3,680,000

2302 Oak Street, Santa Monica, CA 90405


9109

SQFT

0.1902

ACRES

ABOUT

Beautifully located in a prime Santa Monica area, this seven-unit multifamily property is just minutes from Santa Monica Business Park, major employers, and Santa Monica College. The property is also well-positioned to benefit from the Santa Monica Airport Conversion Project, which will close the airport by 2028 and transform the area into parks, open space, and community amenities—supporting long-term neighborhood desirability and value growth. Built in 1965, the property offers approximately 9,109 SF of living area on an 8,287 SF lot, with a strong unit mix of three 2-bed/2-bath units, three 3-bed/2-bath units, and one 4-bed/3-bath townhouse-style front unit. The building is separately metered for gas and electricity, includes on-site laundry, five units with in-unit laundry, and seven parking spaces, including four gated stalls. Two units have been recently upgraded with new flooring, renovated kitchens, updated bathrooms, modern lighting, and in-unit laundry. With current rents below market, a new owner has meaningful upside through natural turnover and renovation of the remaining units. This offering provides immediate income, strong rent growth potential, and long-term appreciation in one of the Westside’s most desirable rental markets.

FEATURES & AMENITIES

• Laundry Features: CommonArea,Inside
• Property Sub-Type Additional: Apartment
• Lot Features: SixToTenUnitsAcre
• Parking Total: 7
• Garage: Yes.
• Garage Spaces: 7
• Community Features: StreetLights
• Water Source: Public
• Sewer System: PublicSewer
Courtesy of: Andy Dehu, Wetrust Realty (MLS# OC18111)
Source MLS: CRMLS