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Listed price in listed location currency (USD).
$1,750,000

654

MLS® 26810053

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 2976 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1949
Avg. Price Per Sqft $588
MLS® Number 26810053

Property Address: 2458 Oak Street, Santa Monica, CA, 90405

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number26810053
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1949
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 27, 2026List Date
$1,750,000List Price
  • Commute

Commute

Starting Address
Destination Address
2458 Oak Street, Santa Monica, CA

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