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.
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.
Property Details
Price:
$3,680,000
MLS #:
OC26147045
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
c14santamonica
Listed Date:
Jul 7, 2026
Total Sq Ft:
9,109
Lot Size:
8,287 sqft / 0.19 acres (approx)
Year Built:
1965
See this Listing
Schools
Interior
Laundry Features
CM, IN
Levels
U
Exterior
Common Walls
NCW
Community Features
SL
Garage Spaces
7
Parking Spots
7
Parking Total
7
Financial
Maintenance Fee
$3,600
Map
Community
- Address2302 Oak ST Santa Monica CA
- CitySanta Monica
- CountyLos Angeles
- Zip Code90405
Market Summary
Current real estate data for Single Family in Santa Monica as of Jul 10, 2026
420
Single Family Listed
79
Avg DOM
529
Avg $ / SqFt
$2,144,282
Avg List Price
Property Summary
- 2302 Oak ST Santa Monica CA is a Single Family for sale in Santa Monica, CA, 90405. It is listed for $3,680,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1965. The average price per square foot for Single Family listings in Santa Monica is $529. The average listing price for Single Family in Santa Monica is $2,144,282.
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