Properties

Santa Monica, CA 90405 2206 Oak Street

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Presented By: Dan Nessel with Berkshire Hathaway HomeServices California Properties;
  • MLS# 26662697
  • 03/23/2026
  • Get pre-approved
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  • Beds • 8
  • Baths • 2
  • SQFT • 4,122
  • Garage • 1

Home Details

Situated on a quiet, tree-lined street in Santa Monica's sought-after Sunset Park neighborhood, 2206 Oak St presents a rare opportunity to acquire a fully vacant six-unit property on a generous R2 lot with significant upside. Main home was built in 1925 and held by the same owner for over 40 years, with 5 back rental units built in the 50's. The property blends character, scale, and flexibility, offering investors, owner-users, or developers' multiple paths to value. The 6,949 square foot lot accommodates over 4,100 sq ft of living space across a well-balanced unit mix, including a charming front house and five rear units. The layout offers separation, natural light, and a sense of privacy, while still maintaining a cohesive residential feel. Mature landscaping, a welcoming front porch, and courtyard elements enhance the property's charm and livability. With all 6 units delivered vacant, the opportunity to renovate and reposition is immediate. Electrical panels have been updated to current code, water heaters are all within the last six years, and the property is not subject to the City of Santa Monica's Soft Story retrofit requirement, offering a strong foundation for improvements. Interiors vary in condition, with a mix of engineered wood flooring and carpet, and some units featuring existing appliances. Most plumbing remains galvanized, providing a clear path for upgrades that can further enhance long-term performance. Parking is generous for Santa Monica, with one space per unit, including carports, a garage, and additional driveway parking, plus convenient alley access. Located just moments from Clover Park, Santa Monica College, and the growing Santa Monica Business Park, home to major employers like Snap, Hulu, and Naughty Dog. The property sits in a high-demand rental corridor with strong tenant appeal. Ocean Park Blvd, neighborhood cafes, and the beach are all within close reach, reinforcing the lifestyle that continues to drive this market. 2206 Oak Street is more than a value-add investment, it's a chance to reposition a legacy property in one of Westside's most durable rental markets, with immediate vacancy, solid fundamentals, and long-term appreciation potential.
Presented By: Dan Nessel with Berkshire Hathaway HomeServices California Properties;

Interior Features for 2206 Oak Street

Bedrooms

Total Bedrooms8

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths6

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
Common Walls1 Common Wall
Fireplace FeaturesDining Room, Kitchen, Living Room
Fireplace Y/NYes
FlooringCarpet, Stone
Heating Y/NYes
Laundry FeaturesIn Kitchen
Total Stories

Other Rooms

Entry Level1

General for 2206 Oak Street

Additional Parcels Y/NNo
AppliancesDisposal, Refrigerator
Architectural StyleSpanish
Attached Garage Yes
Cap Rate6.8
Carport Y/NYes
CitySanta Monica
CoolingWall/Window Unit(s)
CountyLos Angeles
DirectionsS. of Ocean Park Blvd, W. of 23rd St
Facing DirectionSouth
Full Baths
Garage Spaces1
Garage Y/NYes
Gross Income218400
HOANo
HeatingFloor Furnace
High School DistrictSanta Monica-Malibu Unified
LevelsTwo
Living Area4122
Lot Size Square Feet6949
Lot Size UnitsSquare Feet
MLS AreaC14 - Santa Monica
Net Operating Income164400
New ConstructionNo
Number Of Units Total6
Occupancy TypeVacant
Open Parking Spaces4
PostalCitySANTA MONICA
Property Attached Y/NYes
Property ConditionFixer
Property TypeResidential Income
Rent Control Y/NYes
RoofComposition, Tile
Senior Community Y/NNo
SewerOther
Special Listing ConditionsStandard
Standard StatusActive Under Contract
StatusActive Under Contract
Stories Count2
Tenant PaysElectricity, Gas
ViewCity Lights
Year Built1925
Year Built SourceAssessor
ZoningSMR2*

Exterior for 2206 Oak Street

Building Area Total4122
InclusionsAll appliances
Lot Size Acres0.1595
Lot Size Area6949
Lot Size SourceAssessor
Number of Buildings2
Parking FeaturesAttached Carport, Assigned, Covered, Driveway
Total Parking7

Additional Details

Price History

Schools

Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,375,000
MLS#26662697
List Date 03/23/2026
Property Type Multi-Family
Phone 888.795.6274
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Request Info
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