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    2302 Oak St Santa Monica, CA 90405

    New
    For Sale
    $3,950,000

    Commercial/Residential - Santa Monica, CA

    Property size:
    9,109 SF
    Lot size:
    8,287.00 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 12 at 6:06 am

    Property Features for 2302 Oak St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    19
    Bathrooms
    15
    APN
    4272021001
    Parking
    4
    Exterior features
    Community Features Included: Street Lights, 6-10 Units/Acre
    Size
    9,109 SF
    Lot size
    8,287.00 Acres

    Building Details

    Year built
    1965
    Floors in Building
    2
    Number of units
    7
    Architectural style
    Other

    Smart Real Estate Solutions (619) 663-8680 [email protected]

    Listing agent Andy Dehu (619) 248-6434 License #02131775

    Listing date Dec 9, 2025

    MLS# OC25272345 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Santa Monica Income Property

    This residential income property is situated in a prime Santa Monica location, adjacent to the Santa Monica Business Park, a major employment hub for technology, entertainment, and financial companies, including Snap, Hulu, Crexi, and Naughty Dog. The property is also located near Santa Monica College, which serves approximately 26,000 students and faculty. The property has maintained long-term full occupancy and is currently fully rented, offering immediate rental income. The property delivers a cap rate above 5%. The property has additional rent-increase potential upon future tenant turnover. The lot size is 0.19024334251606975 acres and the property size is 9109 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Monica
    County
    Los Angeles
    State
    California
    Longitude
    -118.4609016
    Latitude
    34.0143458

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    FAQs

    What type of property is this?
    Apartment building - Residential income property in prime Santa Monica location.
    Where is this apartment building located?
    The property is located at 2302 Oak St Santa Monica, CA.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: - High Cap Rate: Property delivers a cap rate above 5%, significantly outperforming the Santa Monica average.; - Prime Location: Situated in a prime Santa Monica location adjacent to the Santa Monica Business Park.; - Fully Occupied: The asset is currently fully rented, offering immediate rental income.
    (619) 248-6434
    Request Owner's contact information
    2302 Oak St Santa Monica, CA 90405
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    Santa Monica, CA 90405
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2302 Oak St Santa Monica, CA 90405
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