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    Santa Monica Multifamily Investment Title is generated by Realmo AI

    2302 Oak St, Santa Monica, CA 90405

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    For Sale
    $3,950,000

    Seven-unit multifamily property near Santa Monica Business Park.

    Type:Investment
    Property size:
    9,109 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $433/SF
    Added:
    Apr 24, 2026
    Days on Market:
    52
    Last Refresh:
    Apr 24 at 4:29 pm

    Property Features for 2302 Oak St

    General Information

    Standard status
    Active
    Size
    9,109 SF
    Lot size
    0.19 Acres
    Property subtype
    Investment

    Building Details

    Year Built
    1965

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    Listing Contact
    Zheng Hong Qi

    Listing agent Zheng Hong Qi

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Zheng Hong Qi

    HighLights

    • Significant long‑term appreciation potential due to the Santa Monica Airport Conversion Project.
    • Prime Santa Monica location near major employers and Santa Monica College.
    • Exceptional unit mix with a range of 2, 3, and 4‑bedroom units.
    • Immediate income with upside potential.
    • Five units with in‑unit laundry, plus an on‑site laundry room.
    • Two recently upgraded units with new flooring, renovated kitchens, updated bathrooms, modern lighting, and in‑unit laundry.

    Overview

    Located in Santa Monica, this seven-unit multifamily property is near the Santa Monica Business Park and Santa Monica College. Constructed in 1965, the property contains approximately 9,109 square feet of living area on an 8,287-square-foot lot. The unit mix includes three 2-bed/2-bath units, three 3-bed/2-bath units, and one 4-bed/3-bath townhouse-style front unit. All units feature spacious layouts and ample storage. The building is separately metered for gas and electricity and includes an on-site laundry room. Five units have in-unit laundry. There are seven parking spaces, including four gated stalls. Two units have been upgraded with new flooring, renovated kitchens with gas appliances, updated bathrooms, modern lighting, and in-unit laundry. The property is positioned to benefit from the Santa Monica Airport Conversion Project, a city-led initiative that will permanently close the airport by 2028 and transform the surrounding area into parks, open space, and new community amenities. The location has a bike score of 97, walk score of 93, and transit score of 67.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Pharmacy

    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

    FAQs

    What type of property is this?
    Apartment building - Seven-unit multifamily property near Santa Monica Business Park.
    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: Significant long‑term appreciation potential due to the Santa Monica Airport Conversion Project.; Prime Santa Monica location near major employers and Santa Monica College.; Exceptional unit mix with a range of 2, 3, and 4‑bedroom units.
    More about this property
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