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1520 Oak St, Santa Monica, CA 90405

Sale Price: $2,450,000
Aug 26, 20241,493 sqft3 beds2 baths
Listed by: Nancy Burcham
License #: 01950226
Phone #: 310-367-3191
HomeBased Realty
Source:
CRMLS Logo
MLS #: PW24176540

Property Description

Once-in-a-lifetime opportunity…this highly-sought Spanish gem in trendy Sunset Park boasts a front courtyard, 3 beds/2 baths + den, abundant windows with serene natural lighting, and almost 7000sf lot. Great for owner-occupier ready to make it their own, or for anyone interested in creating rental income as well: rear den and primary bedroom suite could become a separate apartment with private entrance, leaving a large 2bd/1ba unit in the front; possibility for an ADU behind the detached garage; ample off-street parking, even if you convert the garage to an ADU. This lovely home hasn’t been on the market in over 60 years and retains many vintage features, yet the updated kitchen makes it instantly livable. (Bathrooms are functional but need your touch). With almost 1500 sf of living space, beautiful arches, a fireplace, long driveway, and a charming backyard that could become your private oasis, this begs for large gatherings, cozy holiday celebrations, and intimate dinner parties. It’s an easy stroll to Ocean Park Blvd, with convenient shops, hip restaurants, and the famous Bob’s market. Desirable Santa Monica schools and Santa Monica College are a short walk. Marine Park and Clover Park are nearby, and the beach beckons, just over 1 mile away. Don’t miss this one-of-a-kind opportunity. It will go fast! See reports in Supplements. See private notes for offer instructions. Broker/Agent does not guarantee the accuracy of the information provided. Buyers should do their independent investigations by qualified professionals and rely on the same. Check with city regarding rentals and ADUs. City of Santa Monica has rent control.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$47,571

TurboHome Estimated Value

$2,635,700

$1,765 sqft

High Valuation
$2,767,485
$1854/sqft
Normal Valuation
$2,635,700
$1765/sqft
Low Valuation
$2,503,915
$1677/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1765/sqft$2,635,700

Neighborhood

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Comparative Value

$2.10M

$2.35M

$2.45M

$3.21M

1520 Oak St, Santa Monica, CA 90405

List Price: $2,100,000

Subject Property

2933 Glenn Ave, Santa Monica, CA 90405

Sale Price: $2,110,000

Selected Comparable

1418 Oak St, Santa Monica, CA 90405

Sale Price: $2,350,000

Selected Comparable

1630 Oak St, Santa Monica, CA 90405

Sale Price: $2,351,630

Selected Comparable

1520 Oak St, Santa Monica, CA 90405

Sale Price: $2,450,000

Selected Comparable

1725 Ashland Ave, Santa Monica, CA 90405

Sale Price: $3,213,750

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1520 Oak St, Santa Monica, CA 90405

1520 Oak St, Santa Monica, CA 90405

List: $2,100,000

Listed: 8/26/2024

Area:1,493 sqft
Price/sqft:$1,407
Beds:3
Baths:2
Year Built:
Lot Size:6,995

Comparable Properties

COMPARABLE
Choose comps
2933 Glenn Ave, Santa Monica, CA 90405

2933 Glenn Ave, Santa Monica, CA 90405

Sale: $2,110,000

3/3/20250.32 mi

Area:1,512 sqft
Price/sqft:$1,396
Beds:3
Baths:2
Year Built:
Weight:20.4%
1520 Oak St, Santa Monica, CA 90405

1520 Oak St, Santa Monica, CA 90405

Sale: $2,450,000

9/16/20240.00 mi

Area:1,493 sqft
Price/sqft:$1,641
Beds:3
Baths:2
Year Built:
Weight:20.3%
1725 Ashland Ave, Santa Monica, CA 90405

1725 Ashland Ave, Santa Monica, CA 90405

Sale: $3,213,750

5/2/20250.23 mi

Area:1,594 sqft
Price/sqft:$2,016
Beds:3
Baths:2
Year Built:
Weight:20.3%
1630 Oak St, Santa Monica, CA 90405

1630 Oak St, Santa Monica, CA 90405

Sale: $2,351,630

1/16/20250.08 mi

Area:1,608 sqft
Price/sqft:$1,462
Beds:3
Baths:2
Year Built:
Weight:19.7%
1418 Oak St, Santa Monica, CA 90405

1418 Oak St, Santa Monica, CA 90405

Sale: $2,350,000

7/22/20250.06 mi

Area:1,868 sqft
Price/sqft:$1,258
Beds:3
Baths:2
Year Built:
Weight:19.2%

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