2004 Oak St Santa Monica, CA 90405
Active
$2,650,000
8%
5 Units
7 Beds
6 Baths
2,818 Area(sq.ft.)
7,011 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 1.50 | No | $ 4,643 | $ 4,643 | $ 5,500 |
| Unit 2 | 1 | 1 | 1 | No | n/a | n/a | $ 2,600 |
| Unit 3 | 1 | 1 | 1 | No | $ 2,323 | $ 2,323 | $ 2,600 |
| Unit 4 | 1 | studio | 1 | No | $ 2,260 | $ 2,260 | $ 2,300 |
| Unit 5 | 1 | 2 | 1 | No | n/a | n/a | $ 3,200 |
| 5 | 5 | 7 | 6 | $ 9,225 | $ 9,225 | $ 16,200 |
| MLS #: | 24-412643 |
| Days On Market: | 61 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 940 |
| Price per unit: | $ 530,000 |
| Year Built: | 1950 |
Property Details
Prime Sunset Park remodeled detached 3 bedroom 2 bath house in the front and a separate triplex plus 2+1 brand new ADU in the back with in unit laundry. The structures are separated by a communal courtyard area. The house has recessed lighting, hardwood floors, stainless steel appliances and an in home washer & dryer. Additionally, the house has driveway parking and a garage which has been converted into a playroom. The back consists of a (2) 1+1's, a studio with its own private yard and a brand new 2+1 ADU. There is also coin operated laundry on the premise. 2 units will be delivered vacant, the 2+1 and a 1+1. Write all offers subject to interior inspection.Interested in this Listing?
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Income Details
| Vacancy Rate: | 2% |
| Gross Operating Income: | $ 194,400 |
| Total Annual Expense: | $ 47,610 |
| Net Operating Income: | $ 63,084 |
| Gross Annual Income: | $ 110,694 |
| Gross Rent Multiplier: | 16.61 |
| Actual Gross Income: | $ 110,694 |
Structure
| Type of Units: | SFR,1+1, ADU |
| Buildings: | 2 |
| Levels: | Multi/Split |
| Style: | Architectural |
Land & Parking
| Zoning: | SMR2* |
| Parking Garage: | Driveway, Permit/Decal |
Interior
| AC/Cooling: | Wall/Window |
| Equipment: | Garbage Disposal, Freezer |
| Heating: | Forced Air |
| Laundry Income: | 100.00 |
Exterior
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