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2302 Oak Street
Santa Monica CA 90405 US

$3,950,000

Active Listing ID OC25272345
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19 bed
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15.00 Bath (15 Full)
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Lot: 8,287.00 Square Feet
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Other

$3,950,000

Active Listing ID OC25272345
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2302 Oak Street Beautifully situated in a prime Santa Monica location, this residential income property sits adjacent to the Santa Monica Business Park, a major employment hub home to leading technology, entertainment, and financial companies including Snap, Hulu, Crexi, and Naughty Dog. The property is also near Santa Monica College, which serves approximately 26, 000 students and faculty, creating strong and consistent rental demand. The asset has maintained long-term full occupancy and is currently fully rented, offering immediate rental income upon acquisition. The property delivers a cap rate above 5%, significantly outperforming the Santa Monica average of around 3.5%. With additional rent-increase potential upon future tenant turnover, long-term returns could be even stronger. An exceptional investment opportunity combining stable income, growth potential, and a highly desirable Westside location.

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Property Features

  • Facts
  • Lot Size: 8,287.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 15
  • Exterior Finish: Community Features Included: Street Lights, 6-10 Units/Acre

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 3950000
  • unparsedaddress: 2302 Oak Street
  • postalcity: Santa Monica
  • stateorprovince: CA
  • country: US
  • postalcode: 90405
  • bathroomsfull: 15
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.19024334251607
  • lotsizeunits: Square Feet
  • lotsizearea: 8287
  • livingarea: 9109
  • livingareaunits: Square Feet
  • listagentfullname: Andy Dehu
  • listagentemail: andy@degreehomes.com
  • listagentkey: 3yd-MRMLSCA-OCDEHUAND
  • listagentmlsid: OCDEHUAND
  • listagentpreferredphone: 3109629994
  • listagentofficephone: 8554500442
  • listofficekey: 3yd-MRMLSCA-H07357
  • listagentstatelicense: 02131775
  • listofficemlsid: H07357
  • disclaimer: Copyright © 2026 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.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1965
  • listingcontractdate: 2025-12-09
  • listagenturl: http://dreamhomeca.com
  • countyorparish: Los Angeles
  • parcelnumber: 4272021001
  • numberofunitstotal: 7
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 4
  • waterfrontyn: False
  • exteriorfeatures: Community Features Included: Street Lights, 6-10 Units/Acre
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Smart Real Estate Solutions", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"andy@degreehomes.com", "ListBrokerageCity":"San Diego", "ListBrokerageCountry":"US", "ListBrokerageEmail":"jason@sandiegohomesurfing.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Smart Real Estate Solutions", "ListBrokeragePhone":"(619) 663-8680", "ListBrokeragePostalCode":"92101", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"# 207", "ListBrokerageUnparsedAddress":"2121 5th Ave.", "ListBrokerageWebsiteUrl":"http://sandiegohomesurfing.com", "ListOfficeAddress1":"1420 Kettner Blvd. #100-300", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"PT820241", "ListOfficeCity":"San Diego", "ListOfficeCountry":"US", "ListOfficeEmail":"cabroker@therealbrokerage.com", "ListOfficePostalCode":"92101", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial/Residential - Santa Monica, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2302-Oak-St_Santa-Monica_CA_90405_M26300-59255?f=listhub&s=MRMLSCA&m=OC25272345&c=rexren", "MLSModificationTimestamp":"2025-12-09T20:59:21Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Commercial/Residential", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/17/2026 12:10:37 AM GMT
Source Updated Date: 2/26/2026 7:02:45 AM GMT

Courtesy of: Andy Dehu, Real Broker, andy@degreehomes.com

Copyright © 2026 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.