2302 Oak

Santa Monica Santa Monica, CA, 90405

For Sale $3,680,000

0.19acre

Beautifully located in a prime Santa Monica area, this seven-unit multifamily property is just minutes from Santa Monica Business Park, major employers, and Santa Monica College. The property is also well-positioned to benefit from the Santa Monica Airport Conversion Project, which will close the airport by 2028 and transform the area into parks, open space, and community amenities—supporting long-term neighborhood desirability and value growth. Built in 1965, the property offers approximately 9,109 SF of living area on an 8,287 SF lot, with a strong unit mix of three 2-bed/2-bath units, three 3-bed/2-bath units, and one 4-bed/3-bath townhouse-style front unit. The building is separately metered for gas and electricity, includes on-site laundry, five units with in-unit laundry, and seven parking spaces, including four gated stalls. Two units have been recently upgraded with new flooring, renovated kitchens, updated bathrooms, modern lighting, and in-unit laundry. With current rents below market, a new owner has meaningful upside through natural turnover and renovation of the remaining units. This offering provides immediate income, strong rent growth potential, and long-term appreciation in one of the Westside’s most desirable rental markets.

Listing agent:

License #

Wetrust Realty

Identification

Street Address2302 Oak

City / State / ZIPSanta Monica, CA 90405

Listing StatusFor Sale

List Price$3,680,000

MLS NumberOC26147045

Property TypeResidential Income Apartment

Key Stats

Lot Size (Acres / Sq Ft)0.19 acres

Year Built1965

Exterior & Property

Pool / SpaNone

Garage / Parking Spaces7 spaces

Stories / Levels2 stories

Location

Neighborhood / CommunityC14 - Santa Monica

CountyLos Angeles

Geo-Coordinates34.01434600, -118.46090200

Listing Meta

Days On Market42 days

Date ListedJuly 6, 2026

Listing AgentAndy Dehu — Wetrust Realty

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2302 Oak is a Residential Income Apartment property located in Santa Monica, California, featuring a 0.190 acre lot, MLS #OC26147045.

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Data last modified: 2026-07-07 05:50:08