2458 Oak Street, Santa Monica, CA 90405
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
2458 Oak Street,Santa Monica, CA 90405
$1,750,000
- 6 Beds
- 5 Baths
- 2,976 sq. ft.
- Multi-family
- Pending
Listed by: david miller, errol spiro
Office: miller & desatnik realty co.310-202-9166
MLS#:26810053
Source:CRMLS
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 #:26810053
- Added:52 day(s) ago
- Updated:June 19, 2026 at 07:41 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:5
- Kitchen Description:Refrigerator
- Living area:2,976 sq. ft.
Heating and cooling
- Heating:Wall Furnance
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
Parking
- Total parking spaces:4
New listings near 2458 Oak Street
- New
$2,299,000Active2 beds 3 baths2,200 sq. ft.212 Bay St #103, Santa Monica, CA 90405
MLS# 26848923Listed by: COMPASS - New
$1,999,000Active2 beds 3 baths2,200 sq. ft.212 Bay Street #102, Santa Monica, CA 90405
MLS# 26849639Listed by: COMPASS - Coming Soon
$925,000Coming Soon2 beds 2 baths1021 Hill Street #2, Santa Monica, CA 90405
MLS# OC26120713Listed by: REALTY ONE GROUP WEST - New
$6,500,000Active5 beds 6 baths8,000 sq. ft.452 18th Street, Santa Monica, CA 90402
MLS# 26848809Listed by: COMPASS - New
$6,750,000Active9 beds 10 baths14,037 sq. ft.2216 Main Street #8 Units, Santa Monica, CA 90405
MLS# 26849201Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - Open Sat, 10am to 2pmNew
$479,000Active1 beds 1 baths714 sq. ft.1629 Franklin #4, Santa Monica, CA 90404
MLS# SR26133233Listed by: AM-LUCK PROPERTIES - New
$700,000Active1 beds 1 baths643 sq. ft.2721 2nd Street #111, Santa Monica, CA 90405
MLS# 26848527Listed by: JOHNHART CORP. - New
$840,000Active2 beds 2 baths1,082 sq. ft.2016 Euclid Street #6, Santa Monica, CA 90405
MLS# WS26129322Listed by: EXP REALTY OF SOUTHERN CALIFORNIA, INC. - Open Sat, 1 to 4pmNew
$525,000Active1 beds 1 baths650 sq. ft.2325 Kansas Avenue #9, Santa Monica, CA 90404
MLS# 26848195Listed by: PARDEE PROPERTIES - New
$780,000Active1 beds 1 baths638 sq. ft.818 20th Street #A, Santa Monica, CA 90403
MLS# 26841979Listed by: COMPASS