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Berkshire Hathaway HomeServices California Properties

2302 Oak Street, Santa Monica, CA 90405

$3,680,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Andy Dehu | andy@degreehomes.com
Lic#: 02131775
Broker: Courtesy of Wetrust Realty
Phone: 626-587-4866

Listing Details

Property type: Apartment (Multi-Family)

Property Sub-Type:

Status: Active

Listing ID: OC26147045

Price: $3,680,000

Rental Rate: $3,680,000

Lot Size:

Built in 1965

2 stories

0.19 acres

County: Los Angeles

Lot description: SixToTenUnitsAcre

Last Updated: 7/7/2026

Days On Market (DOM): 29

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Lat/Long: 34.014346, -118.460902.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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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.

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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