2329 Oak Street

    Santa Monica, CA 90405
    • $2,200,000
    • STATUS: Pending
    • ON SITE: 74 days
    • ID#: SB18163155
    Pending
    UPDATED: 61 min ago
    $2,200,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,400
      SQFT
    • $647
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1938
    County:

    School Ratings & Info

    Description

    Excellent opportunity to own 2 separate homes on one lot with individual yards and 5 garages in Sunset Park!+-R2 Zoned large lot with NO CURRENT RENT CONTROL!+- This tree-lined neighborhood is just minutes to restaurants, retail & shopping.+-At the end of the street is Clover Park, with play areas, exercise stations, tennis courts and shade trees for picnics!Front home is a charming beach cottage with 3 bedrooms and 1 & 3/4 baths, fireplace, bay window, separate dining room and original hardwood flooring & lush landscaping.+-This home is approx 1450 Sq Ft. Total rent is based on this unit only.Rear owners unit with 2 bedrooms and 2.5 baths is an open concept with bamboo flooring, updated kitchen w/ granite countertops, dining, living, powder rooms, laundry area and direct access to the garage.+-Upstairs are two master bedrooms w ensuite baths, a spacious area at top of stairs makes a terrific library and/or workstation and an oversized deck for entertaining. This home is approx 1950 Sq Ft. Excellent value for either owner/user or developer/investor (check with City of SM for future build).+- All square footage, future build opportunity, and current non-rent control to be confirmed by buyer.+- Property is being sold "AS- IS."

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-20T19:31:58.833. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/85392055

    2329 Oak Street Santa Monica, CA 90405

    • Price: $2,200,000
    • Status: Pending
    • Updated: 61 min ago
    • ID#: SB18163155
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,400
    SQFT
    $647
    $/SQFT
    1938
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    Excellent opportunity to own 2 separate homes on one lot with individual yards and 5 garages in Sunset Park!+-R2 Zoned large lot with NO CURRENT RENT CONTROL!+- This tree-lined neighborhood is just minutes to restaurants, retail & shopping.+-At the end of the street is Clover Park, with play areas, exercise stations, tennis courts and shade trees for picnics!Front home is a charming beach cottage with 3 bedrooms and 1 & 3/4 baths, fireplace, bay window, separate dining room and original hardwood flooring & lush landscaping.+-This home is approx 1450 Sq Ft. Total rent is based on this unit only.Rear owners unit with 2 bedrooms and 2.5 baths is an open concept with bamboo flooring, updated kitchen w/ granite countertops, dining, living, powder rooms, laundry area and direct access to the garage.+-Upstairs are two master bedrooms w ensuite baths, a spacious area at top of stairs makes a terrific library and/or workstation and an oversized deck for entertaining. This home is approx 1950 Sq Ft. Excellent value for either owner/user or developer/investor (check with City of SM for future build).+- All square footage, future build opportunity, and current non-rent control to be confirmed by buyer.+- Property is being sold "AS- IS."
    Exterior Features

    Architectural Style BungalowCottage Construction Materials Stucco Entry Location Ground Exterior Features Barbecue Private Fence YN Yes Fencing Wood Foundation Details Slab Garage Spaces 5.00 Lot Features Back YardFront YardGardenLandscapedPark NearbyYard Lot Size Source Assessor Lot Size Units Square Feet Parking Features Direct Garage AccessGarage - Rear EntryGarage - Single DoorOn Site Parking Total 5.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No

    Interior Features

    Appliances Built In RangeDishwasherGas RangeGas StoveRefrigerator Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 1950 Average2 Bed Area Units Square Feet Average3 Bed Area 1450 Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features Family Room Fireplace YN Yes Heating Wall HeaterForced Air Heating YN Yes Interior Features Ceiling FanGranite Counters Laundry Features Area Levels Two Room Type Bonus RoomDressing AreaFamily RoomKitchenLiving RoomTwo Masters Window Features Bay WindowDrapes/CurtainsScreens

    Property Features

    Accessibility Features None Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.50 Community Features CurbsSidewalksStreet Lighting Country Us Electric Expense 1200.00 Elevation Units Feet Exclusions Tenants Personal BelongingsTenants Refrigerator Fuel Expense 650.00 Garage Income 600.00 Garage Rental Rate 200.00 Gardener Expense 1020.00 Gross Income 19643.00 Gross Multiplier 16.00 Gross Operating Income 50400.00 Gross Scheduled Income 50400.00 Inclusions WasherDryerOwners Unit Refrigerator Insurance Expense 1457.00 Land Lease YN No Laundry YN Yes Licenses Expense 75.00 Maintenance Expense 5000.00 Maintenance Percent 1.00 Net Operating Income 19043.00 New Taxes Expense 27500.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 1 Number With Dishwasher 1 Number With Disposal 1 Number With Range 2 Number With Refrigerator 2 Operating Expense 31357.00 Property Sub Type Duplex Rent Control YN No Security Features Fire And Smoke Detection System Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Sunset Park Tenant Pays Cable TvElectricityGas Total Actual Rent 50400.00 Total Expenses 31357.00 Trash Expense 0.00 Utilities Sewer Connected Water Sewer Expense 2400.00 Water Source Public Year Built Source Assessor Zoning Smr2*

    Listing provided courtesy of Terri Dunn of Re/Max Estate Properties.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-20T19:31:58.833. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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