2458 Oak Street, Santa Monica, CA 90405
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
2458 Oak Street,Santa Monica, CA 90405
$1,750,000
- 6 Beds
- - Baths
- 2,976 sq. ft.
- Multi-family
- Pending
Listed by: david miller, errol spiro
Office: miller & desatnik realty co.
MLS#:CL26810053
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,750,000
- Price per sq. ft.:$588.04
About this home
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 (front 1 br + 1 ba), 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....
Contact an agent
Home facts
- Year built:1949
- Listing ID #:CL26810053
- Added:62 day(s) ago
- Updated:June 29, 2026 at 08:11 AM
Rooms and interior
- Bedrooms:6
- Living area:2,976 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1949
- Building area:2,976 sq. ft.
- Lot area:0.16 Acres
Finances and disclosures
- Price:$1,750,000
- Price per sq. ft.:$588.04
New listings near 2458 Oak Street
- New
$4,750,000Active3 beds 3 baths2,882 sq. ft.Address Withheld By Seller, Santa Monica, CA 90402
MLS# CL26835157Listed by: COLDWELL BANKER REALTY - New
$4,000,000Active12 beds 12 baths7,180 sq. ft.943 19th, Santa Monica, CA 90403
MLS# SR26140517Listed by: EQUITY UNION - New
$1,695,000Active2 beds 3 baths1,636 sq. ft.930 California Avenue #301, Santa Monica, CA 90403
MLS# CL26852781Listed by: COMPASS - New
$1,295,000Active2 beds -- baths1,122 sq. ft.2404 Ocean Park Boulevard, Santa Monica, CA 90405
MLS# CL26847793Listed by: CREATE - New
$1,395,000Active5 beds 4 baths1,940 sq. ft.2402 Ocean Park Boulevard, Santa Monica, CA 90405
MLS# CL26847799Listed by: CREATE - New
$899,000Active-- beds 1 baths515 sq. ft.201 Ocean Avenue #1107B, Santa Monica, CA 90402
MLS# 26851747Listed by: SOTHEBY'S INTERNATIONAL REALTY - New
$1,799,000Active3 beds 3 baths1,612 sq. ft.913 Euclid Street #5, Santa Monica, CA 90403
MLS# CL26852437Listed by: COMPASS - New
$1,475,000Active2 beds 3 baths1,612 sq. ft.1171 Stanford, Santa Monica, CA 90403
MLS# OC26139258Listed by: EXP REALTY OF CALIFORNIA INC - New
$2,295,000Active5 beds -- baths1,892 sq. ft.1630 Franklin Street, Santa Monica, CA 90404
MLS# CL26849705Listed by: PARDEE PROPERTIES - Open Tue, 11am to 2pmNew
$2,295,000Active5 beds 3 baths1,892 sq. ft.1630 Franklin Street, Santa Monica, CA 90404
MLS# 26849705Listed by: PARDEE PROPERTIES