FOR SALE
2408 5th St
Santa Monica, CA 90405
Ocean Park
8 Beds
6 Baths
3,996 sqft
- 8 Beds
- 6 Baths
- 3,996 sqft
8 Beds
6 Baths
3,996 sqft
Local Information
© Google
-- mins to
Commute Destination
Description
Welcome to 2408 5th Street, a captivating four-unit multi-family property nestled in the heart of the vibrant Ocean Park neighborhood of Santa Monica. This exceptional offering presents a rare opportunity to embrace the quintessential beach lifestyle while enjoying the benefits of a smart investment. Spanning an impressive 3,996 square feet, this property is comprised of a pair of two-level 2 bed/1.5 bath units and two one-level 2 bed/1 bath units, each featuring inviting living spaces that promise comfort and functionality. The freshly updated exterior adds to the allure of this residence, ensuring it stands out as a beacon of modern living in a sought-after locale. Investors will find significant value in the upside potential for rents, alongside the exciting possibility of adding an Accessory Dwelling Unit (ADU) to maximize living space or rental income. With five dedicated parking spaces, residents and guests alike will appreciate the convenience and ease of access this property provides. Situated just one block from Hotchkiss Park, four blocks from Main Street and a leisurely stroll to the sand, residents can indulge in local attractions or enjoy the serene beauty of nearby beaches. The Ocean Park neighborhood is not only celebrated for its scenic vistas but also for its vibrant community and rich cultural offerings. Whether you're looking to expand your real estate portfolio or seeking a multi-family residence that epitomizes coastal living at its finest, 2408 5th Street awaits your discovery.
Home Highlights
Parking
5 Open Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$592
Listed
57 days ago
Home Details for 2408 5th St
Interior Features |
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 6 |
Dimensions and Layout Living Area: 3996 Square Feet |
Appliances & Utilities Appliances: Exhaust Fan, Range/Oven, DisposalDisposalLaundry: Gas Or Electric Dryer Hookup,Stackable W/D Hookup |
Heating & Cooling Heating: WallNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
View No ViewView: None |
Exterior Features |
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Exterior Home Features Other Structures: None |
Parking & Garage Open Parking Spaces: 5No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 5Parking: Driveway |
Days on Market |
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Days on Market: 57 |
Property Information |
|---|
Year Built Year Built: 1963 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Mid-Century |
Price & Status |
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Price List Price: $2,365,000Price Per Sqft: $592 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: Santa Monica |
Agent Information |
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Listing Agent Listing ID: 24-362531 |
Building |
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Building Area Building Area: 3996 Square Feet |
Lot Information |
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Lot Area: 6006.924 sqft |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Buyer Agency Commission: 2.5Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Expense Tenant Pays: Electricity, Gas |
Rental |
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Owner Pays: Water, Grounds Care |
Miscellaneous |
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Mls Number: 24-362531 |
Last check for updates: 1 day ago
Listing courtesy of Corey Nelson DRE # 01462372, (310) 927-0095
Robust Real Estate, (833) 762-8781
Source: CLAW, MLS#24-362531
Price History for 2408 5th St
| Date | Price | Event | Source |
|---|---|---|---|
| 03/02/2024 | $2,365,000 | Listed For Sale | CLAW #24-362531 |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $3,091 |
| Assessment | $160,651 |
Home facts updated by county records
Comparable Sales for 2408 5th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.36 | Multi-Family Home | $1,460,000 | 06/06/23 | 8 | 6 | 3,904 | |
0.27 | Multi-Family Home | $2,200,000 | 09/22/23 | 8 | 8 | 4,828 | |
0.29 | Multi-Family Home | $1,609,000 | 05/04/23 | 7 | 5 | 3,729 | |
0.37 | Multi-Family Home | $1,855,000 | 08/10/23 | 7 | 5 | 3,011 | |
0.40 | Multi-Family Home | $2,450,000 | 02/23/24 | 7 | 5 | 4,072 | |
0.48 | Multi-Family Home | $2,150,000 | 04/22/24 | 8 | 5 | 3,660 | |
0.47 | Multi-Family Home | $1,925,000 | 04/22/24 | 8 | 5 | 3,360 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Ocean Park
- Emily Bohannon
- Resident
- 2mo ago
"My commute is fairly easily because it is opposite traffic living in SM and commuting out. It takes me 25 minutes to get to DTLA in the morning and 45 to get home."
- Trulia User
- Resident
- 2y ago
"Close knit. Energetic with a lot of nightlife, great food and bars. You g and old mixed for a great blend."
- Trulia User
- Resident
- 2y ago
"Don’t live here with children - terrible crime and homelessness. Very scary in Venice now a days, and getting worse every day."
- K01gk01
- Resident
- 3y ago
"Great proximity to beach, shops and restaurants on Main Street and Rose, East of Lincoln, very walkable"
- Cvolpp
- Resident
- 3y ago
"Ocean Park is a safe, friendly neighborhood close to some of Santa Monica’s most popular attractions: the beach, shops, restaurants, bars, City Hall, the 3rd Street Promenade, the Expo Light Rail station, the Pier, and the Sunday Farmers Market. The area is great for year around outdoor activities such as walking, jogging, biking, and all beach activities. "
- Schulznep
- Prev. Resident
- 4y ago
"My hood has fairly good access to Public Transit and my daily commute to Venice is only 5mins by car!"
- Ted B.
- Resident
- 4y ago
"Great as long as you work within 3 miles. The 10 Freeway can be brutal, so can the 405. Commuting to Hollywood sucks."
- Corykrozatti
- Resident
- 5y ago
"My neighborhood has great access to freeways, PCH and the metro line. It’s central to Santa Monica and Venice. "
- Anthony Lee Winn
- Resident
- 5y ago
"There are a lot of places to walk dogs. Plenty of parks and fresh ocean breezes from the beach. It is a very dog friendly neighborhood. "
- Layla S.
- Resident
- 5y ago
"There are a lot of homeless people and wandering the streets. The school system is good, but private schools are much better. "
- Jsimpson
- Visitor
- 5y ago
"Mostly use Uber or Lyft. Getting across the 405 can be a drag unless out of rush hour. Local buses and electric scooters are handy."
- Sallypulp
- Resident
- 5y ago
"Hotchkiss Park is a nice park. The grass up above the beach is nice. Lots of other dogs and dog parents around. "
- Julie K.
- Resident
- 5y ago
"Westside bestside. Berlin at the beach! Best people watching, amazing food and great bars. Eclectic and beautiful "
- Jsimpson
- Visitor
- 6y ago
"My pals live here and it has a very relaxed vibe, Third street has great shops, coffee and restaurants and we’re 5 minutes from the beach."
- Melissa C.
- Resident
- 6y ago
"Lived in this are for a year quite close to Beach friendly people can ride bicycle easy access to beautiful beaches and gorgeous sunsets "
- Jenninerodriguez
- Resident
- 6y ago
"It is family-friendly, with lots of parks, bike baths and so close to Main Street shopping and restaurants and of course the beach!"
- Jenninerodriguez
- Resident
- 6y ago
"It is very family friendly. It is a great mix between city and beach atmosphere. The community is clean and safe. "
- Todd C.
- 9y ago
"Nice quiet street. Most of the buildings have their own parking, so there is always street parking available for guests. Your friends and family will love to visit since it's a short walk to Main Street and the beaches! This a nice and easy place to live. Traffic can be pretty tough in LA, however this part of Santa Monica is easy to get on and off the 10 and PCH."
- Sri K. Y. L. E.
- 10y ago
"This is a gorgeous house in a great area. It is modern architectural yet warm - hard to capture that balance with modern. I love that it's tucked away on Grant. Very subtle. I can't say enough about Ocean Park Santa Monica - it's just a great place to live. I live in Venice but did live in OP for many years. As a local agent I sell many homes in this area. My only gripe with this particular street is parking. It's not great."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Corey Nelson, Robust Real Estate
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
2408 5th St, Santa Monica, CA 90405 is a 8 bedroom, 6 bathroom, 3,996 sqft multi-family built in 1963. 2408 5th St is located in Ocean Park, Santa Monica. This property is currently available for sale and was listed by CLAW on Mar 2, 2024. The MLS # for this home is MLS# 24-362531.