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2211 Oak Street

2211 Oak Street, Santa Monica, CA 90405
Multifamily in Sunset Park
Sold Aug 22, 2023
$2,532,500
$1,050,000 by Jpmorgan Chase Bank Na
Mortgage
Sold Apr 11, 2008
Transfer
$782,000 by Washington Mutual Bank
Mortgage
2211 Oak Street in Santa Monica, CA was first built in 1937 and is 87 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 9 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 2211 Oak Street has 4,493 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,000 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2211 Oak Street sold most recently in Jul 20, 2023 for a total of $2,532,500. If you work out the math, that's approximately a cost of $563.65 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $22,963 in taxes each year. 2211 Oak Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,874,818. If we break it down further, the land itself was valued at $1,117,318. Improvements to the property, however, were assessed at a total of $757,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Covered Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 2
  • Bedroom Count: 9
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: A
  • Construction Type: Wood
  • Living Units: 5
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 4,493
  • Building Area: 4,493
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,493
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 8542
  • Land Acres: 0.161
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: TRACT # 8542 LOT/SEC 178

Ownership

  • Current Owner : CHOKMAH 9 10 LLC
  • Previous Owner : M & L CHANG FAMILY TRUST
  • Owner Before Previous Owner: EMADIAN MITRA T
  • Owner Before Previous Owner 2: HOGG ALEXANDER
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 702300

Zoning

  • Zoning: SMR2*

Geography

  • Assessors Map Reference: 49-C1
  • Subdivision Tract Number: 8542
  • Parcel: 4272-008-020
  • Lot: 178
  • Municipality: WEST /SANTA MONICA
  • Latitude: 34.0145
  • Longitude: -118.462

    Address

  • Full Address: 2211 Oak St
  • Address - House Number: 2211
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C043
  • 4-Digit Zip Code: 5011
  • Zip Code: 90405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,963
  • Tax Rate Code Area: 08-604

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 55
  • Final Value: 1,837,961
  • High Value: 2,250,884
  • Low Value: 1,425,037

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,050,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 21, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,050,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,874,818
  • Assessed Land Value: $1,117,318
  • Assessed Improvements Value: $757,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 20, 2023
  • Current Sale Recording Date: Aug 22, 2023
  • Current Sale Transaction ID: 11911263415
  • Current Sale Price: $2,532,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 557782
  • Previous Sale Recording Date: Apr 11, 2008
  • Previous Sale Contract Date: Mar 20, 2008
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Aug 22, 2023
  • First Mortgage Loan Amount: $1,050,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK
  • Previous Mortgage Transaction Date: Apr 11, 2008
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $782,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 2211 Oak Street located in?
The 2211 Oak Street is a multifamily located in the neighborhood of Sunset Park in Sunset Park, Santa Monica.
What is the average sales price for listings in 2211 Oak Street?
The average sales price for units in 2211 Oak Street is $0 currently.

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