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6 Units in Prime Santa Monica Location
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Off-Market
  • Summary
  • Location
  • Walk Score

We are pleased to present 2224 Oak Street., situated just blocks from Santa Monica College and boasting some of the highest walk & bike scores in Santa Monica.

This six (6) unit property is composed of 3 charming detached 1-bedroom bungalows, each with their own yard, 1 Large Studio apartment, 1 2nd floor 1 bedroom apartment and the 6th unit is an approved 1 bedroom ADU double wide garage which will be delivered vacant with permit-ready plans in place ready for a buyer’s renovation! This fantastic Santa Monica location attracts a varied array of tenants from students to young business professionals with close proximity to many of the amenities of Silicon Beach! A natural expected turnover of units moving forward will provide an opportunity to build rapid equity, while getting in at a rare price point!

Just a short trip to Santa Monica beaches, with easy access to freeways and major stores, this property is in a thriving location in one of Santa Monica’s hippest neighborhoods. Nearby, there in abundance of popular local eateries and small businesses anchored by the addition of a Whole Foods 365 grocery store at Cloverfield & Pico Blvd. The building features select open air street parking, in addition to street parking.

Should a buyer be interested in this property as their or a family member’s principal residence under the Owner-Occupied Exemption, it’s been determined that Unit C is the applicable unit. However, the Buyer will have to perform their own investigations and obtain their own verifications.

Don’t miss this opportunity to acquire this multi-family investment and prime piece of real estate in Santa Monica!

Walk Score

75

Bike Score

95

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