2029 Oak Street

    Santa Monica, CA 90405
    • $2,400,000
    • STATUS: Active
    • ON SITE: 39 days
    • ID#: 19467388
    UPDATED: 56 min ago
    $2,400,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,525
      SQFT
    • $950
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1932
    County:

    School Ratings & Info

    Description

    2029 Oak Street is a turnkey triplex located in the Sunset Park neighborhood of Santa Monica, California. The property, which consists of three free standing structures, offers an excellent unit mix of 1 one-bedroom/one-bathroom unit, 1 two-bedroom/one-bathroom unit and 1 two-bedroom/two-and-one-half-bathroom unit. Each of the units have been recently remodeled and feature new kitchens with tile backsplashes, stone countertops and high end appliances. Each unit has its own washer/dryer hookups. The remodeled bathrooms feature designer tile and high end finishes. Each unit features hardwood flooring throughout and new windows. The 2,525 square foot building sits on a 7,013 square foot SMR2 zoned lot. The property also features four enclosed garages. Please contact listing agent for full marketing package.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-25T00:36:54.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/94903358

    2029 Oak Street Santa Monica, CA 90405

    • Price: $2,400,000
    • Status: Active
    • Updated: 56 min ago
    • ID#: 19467388
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,525
    SQFT
    $950
    $/SQFT
    1932
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    2029 Oak Street is a turnkey triplex located in the Sunset Park neighborhood of Santa Monica, California. The property, which consists of three free standing structures, offers an excellent unit mix of 1 one-bedroom/one-bathroom unit, 1 two-bedroom/one-bathroom unit and 1 two-bedroom/two-and-one-half-bathroom unit. Each of the units have been recently remodeled and feature new kitchens with tile backsplashes, stone countertops and high end appliances. Each unit has its own washer/dryer hookups. The remodeled bathrooms feature designer tile and high end finishes. Each unit features hardwood flooring throughout and new windows. The 2,525 square foot building sits on a 7,013 square foot SMR2 zoned lot. The property also features four enclosed garages. Please contact listing agent for full marketing package.
    Exterior Features

    Lot Size Units Square Feet Parking Features Garage Parking YN Yes

    Interior Features

    Appliances Refrigerator Appliances YN Yes Cooling Central Air Cooling YN Yes Laundry Features See Remarks

    Property Features

    Cap Rate 4.05 Gross Multiplier 17.36 Gross Operating Income 134093.00 Improvements Amount 459000 Land Value 1071000 Laundry YN Yes Net Operating Income 97242.00 Special Listing Conditions Standard Total Expenses 36851.00 Zoning Smr2*

    Listing provided courtesy of Jeffrey Louks of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-25T00:36:54.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Heller The Home Seller | Keller Williams Realty
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024