1616 Oak St, Santa Monica, CA 90405
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1616 Oak St Santa Monica, CA 90405

$2,195,000 Sold Price as of 07/24/2024
  • 2 Beds
  • 2 Baths
  • 1,142 Sq.Ft.
Sold
$2,195,000 Sold Price as of 07/24/2024 Refinance Your Mortgage

Map preview of 1616 Oak St, Santa Monica, CA 90405

Property Overview: 1616 Oak St Santa Monica, CA has 2 bedrooms, 2 bathrooms, 1,142 living square feet and 7,019 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Introducing a rare gem in the heart of Santa Monica's Sunset Park. Nestled in one of the most sought-after blocks in the neighborhood, this original 1937-built house, with its charming, untouched character, offers endless potential. Situated on a spacious 7,019 sq. ft. lot, the 1,142 sq. ft. home presents a unique opportunity for your vision to come to life. Just moments away from the revitalized 1600 block of Ocean Park Blvd with its neighborhood shops, restaurants, and businesses, as well as the well-known Santa Monica schools, this is a one-of-a-kind opportunity not to be missed.

Listed by Christopher Rydell | BRE #01704923 | The Collective Realty
Last checked: 11 minutes ago | Last updated: July 24th, 2024 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
7,019
HOA Dues
$0/mo
Year built
1937
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
24402861
City
Santa Monica
County
Los Angeles
Time on Site
100 days

Property Details for 1616 Oak St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Wood, Carpet
Kitchen Information
  • Has Appliances
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • No Attached Garage
Lot Information
  • Lot Features: Back Yard, Front Yard
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 4285008009
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Schools
School Information
  • High School District: Santa Monica-Malibu Unified
Location / Neighborhood
Location Information
  • Directions: 1616 Oak Street. One block south of Ocean Park Blvd between 16th and 17th street, on the south side of Oak Street. Santa Monica, 90405
View more facts & features

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Sale History for 1616 Oak St

Last sold for $2,195,000 on July 24th, 2024
  • July, 2024

  • Jul 24, 2024

    Date

    Sold

    CRMLS: 24402861

    $2,195,000

    Price

  • Jun 20, 2024

    Date

    Active

    CRMLS: 24402861

    $1,970,000

    Price

Tax History for 1616 Oak St

Assessed Value (2020): $304,530
Year Land Value Improved Value Assessed Value
2020 $239,580 $64,950 $304,530

Home Value Compared to the Market

This property vs the competition

1616 Oak St sold on July 24, 2024 for 37.86% higher than the current median sold price for the city of Santa Monica which is $1,429,000. The median sold price per/sqft for Santa Monica is $1,073 and this home is sold at $1725.04 per/sqft which puts the price per square foot 60.77% higher than the current median sale per square foot for the city of Santa Monica.

About 1616 Oak St

Detailed summary of property

1616 Oak St is a single family home that recently sold in Santa Monica, CA 90405. This house offered 2 bedrooms, 2 bathrooms, roughly 1,142 living square feet, and sits on an approximately 7,019 square foot lot. 1616 Oak St was first listed on ArdentRealEstateGroup.com on June 20, 2024. The homeowner sold the property for $2,195,000. Home in Santa Monica are selling for a median price of $1,429,000 and a median price per square foot of $1,073. Based on Ardent Real Estate Group's Santa Monica Market Data, this home is sold 37.86% higher than the current median priced home. Local homes that are currently for sale include 12612 Preston Way, 12040 Clover Ave and 11804 Tennessee Pl. While the average home in Santa Monica, CA is selling in 128 days, 1616 Oak St has a days on market of 18 days. There are currently 287 homes for sale in the Santa Monica real estate market and 115 of them are single family homes while 133 of them are condos and 39 are townhomes. For more information on this home for sale at 1616 Oak St Santa Monica, CA 90405 contact Ardent Real Estate Group and we will put you in touch with one of our Santa Monica agents.

Public Facts for 1616 Oak St

Public county record property details
Beds
2
Baths
1
Year built
1937
Sq. Ft.
1,142
Lot Size
7,017
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
84
APN
4285-008-009

The source for these homes facts are from public records.

90405 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,000,000
Median List Price/Sq.Ft.
$1,153
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$976
Total Inventory
69
Median Sale to List Price %
92.38%
Avg Days on Market
40
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (14.29%), Other (7.14%)

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Related Resources to 1616 Oak St

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.