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Travis Breton

travisbreton@gmail.com +1(760) 470-2752

$ 1,750,000

Est. payment | -/mo

6 Beds

5 Baths

2,976 SqFt

Save

$ 1,750,000

Est. payment | -/mo

Save

6 Beds

5 Baths

2,976 SqFt

Open House

Sat May 02, 2:00pm - 2:30pm

Sun May 03, 1:00pm - 1:30pm

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,976 sqft

Price per Sqft $588

MLS Listing ID 26810053

Bedrooms 6

HOA Y/N No

Year Built 1949

Lot Size 7,048 Sqft

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.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Refrigerator

Exterior

Total Parking Spaces 4

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4272020017

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by David Miller Miller & Desatnik Realty Co. #02105346

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA, 92008, USA

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2458 Oak ST Santa Monica, CA 90405