2458 Oak St Santa Monica, CA 90405 Open Sat 2PM-2:30PM
UPDATED: 04/28/2026 01:21 AM ON MARKET: 1 days on market
$1,750,000
6 Beds5 Baths2,976 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,976 sqft
Price per Sqft $588
MLS Listing ID 26810053
Bedrooms 6
Year Built 1949
Lot Size 7,048 Sqft
Acres 0.1618
Property Sub-Type Multi-Family
Property Description
2458 Oak Street, situated in the heart of Ocean Park,represents a rare opportunity to acquire a four-unit coastal asset with both immediate income potential and compelling long-term upside. The property features one unit delivered vacant, providing a clear path to achieving market rents or accommodating an owner-user, all on an expansive 7,048-square-foot lot.Constructed in 1949 and totaling 2,976 square feet, the asset combines classic architectural character with significant repositioning potential. Supported by strongin-place tenancy and meaningful rental upside, theproperty is well-positioned for investors seeking durable cash flow and appreciation in one of Los Angeles' most coveted coastal submarkets.Ideally located just steps from Main Street and the Pacific Ocean, 2458 Oak Street benefits from consistently high tenant demand driven by walkability, lifestyle amenities, and proximity to employment hubs.This irreplaceable location underpins its appeal as both a long-term hold and a strategic value-add investment.Further enhancing the investment thesis is the planned closure and redevelopment of the nearby Santa Monica Airport. The anticipated transformation of this 227-acresite into expansive open space, recreational amenities,and community-serving uses is expected to significantly elevate the surrounding neighborhood, reduce noise impacts, and drive continued demand and property value appreciation throughout Ocean Park.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Based on information from the Association of REALTORS®/Multiple Listing as of 04/28/2026 13:00. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information from California Regional Multiply Listing Service, Inc. as of 2026 and/or other resource. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.