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Key Details
Sold Price $3,036,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,569 sqft
Price per Sqft $850
MLS Listing ID 21773428
Sold Date 09/03/21
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1948
Lot Size 6,969 Sqft
Acres 0.16
Property Description
35% DOWN SELLER FINANCING AT 4.0% INTEREST ONLY (call or email for full details) 2450 Oak Street is a charming 6-unit Multi-family asset is located in Sunset Park, Santa Monica. The property features various upgrades to some of the units including all new windows, copper plumbing, in-unit laundry, steel appliances, granite countertops, chefs kitchen, ceiling fans, stackable W/D, and a new roof on both buildings with a rubberized layer installed in 2015-2016. 4 of the 6 units have large private gated patios, and the front house has a private gated patio with a fire pit. The building is walking distance to Clover Park and many businesses and restaurants along Ocean Park Blvd. This prime location is a straight shot to both the Interstate 10 freeway on the east and Ocean Park Beach on the west. Tucked away in a quiet residential neighborhood, this asset is ideal for an investor looking to acquire an appreciating asset with 30% upside in rents and attractive interest only seller financing. ADDITIONAL $1,300 IN GARAGE INCOME FROM OFF-SITE TENANTS. Please do not disturb the tenants. All showings will be subject to an accepted offer.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Dishwasher, Gas Cooktop, Dryer
Exterior
Garage Garage
Garage Spaces 5.0
Garage Description 5.0
Parking Type Garage
Total Parking Spaces 5
Building
Faces North
Story 1
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 4272020019
Acceptable Financing Owner Will Carry
Listing Terms Owner Will Carry
Special Listing Condition Standard
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Bought with David Putnam • Berkshire Hathaway HomeServices California
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