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2408 5th St Santa Monica, CA, 90405
$2,365,000 Home for sale 8 beds 3,996 sqft
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 vib
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Property details
3,996 sqft interior area
Property type
Home
Interior area
3,996 sqft
View
None
Land area
6,098 sqft (0.14 acres)
Price per sqft
$591/sqft
Days on Verhouse
78
Address
2408 5th St, Santa Monica, CA, 90405
City of California
Santa Monica
County
Los Angeles
nr.of parking places
5
Year Built
1963
District
Listing
Open Houses
No upcoming open houses
Interior Features
5 parking places
Beds
8
Parking
5
Garage & Parking
Other
Laundry Features
Other
Heathing & Cooling
No Air Conditioning, Wall Furnace
Amenities
Other
Listed by
Corey Nelson, Robust Real Estate
Name
Corey Nelson
License number
01462372
Brokerage company
Robust Real Estate
MLS #
CL24362531
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Calculate your monthly payments
Mortgage
$7,262
Taxes
$0
HOA dues
$0
Mortgage
$473,000 / 20%
2.28%
30 years
Your amount
$7,262 / month
Lot details
TMK #4287007020
Parcel nr.
4287007020
90405 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90405
38%
Families with children
National average: 39%
58%
Non family households
313,888
Population
$154,034
Average Income
Age & gender
Median age 39 years
More info
Commute types
72% commute by car
More info
Education level
38% have bachelor education
More info
Number of employees
2% work in management
More info
Vehicles available
49% have 1 vehicle
More info
Vehicles by gender
49% have 1 vehicle
More info
Housing market insights for
$2.34m
Neighborhood average
sales price*
sales price*
$1.82m
Neighborhood median
sales price*
sales price*
545
Number
of sales*
of sales*
Housing type
31% are small apartments
More info
Rooms
38% of the houses have 4 or 5 rooms
More info
Bedrooms
54% have 2 or 3 bedrooms
More info
Owners vs Renters
67% are renters
More info
16.5 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
New Listing Mar 1, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 1, 2024 | New Listing | $2,365,000 | 591.84 | MLS #CL24362531 |
Taxes of 2408 5th St, Santa Monica, CA, 90405
SMOP zoning / MLS #CL24362531
Zoning
SMOP
Agent viewpoints of 2408 5th St, Santa Monica, CA, 90405
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Frequently Asked Questions about 2408 5th St
What is 2408 5th St?
2408 5th St, Santa Monica, CA, 90405 is a single family home located in the city of Santa Monica, California with zipcode 90405. This single family home has 8 bedrooms with an interior area of 3,996 sqft.
Which year was this home built?
This home was build in 1963.
What is the full address of this Home?
2408 5th St, Santa Monica, CA, 90405.
Are grocery stores nearby?
The closest grocery stores are Gelson's, 0.45 miles away and Whole Foods Market, 0.8 miles away.
What is the neighborhood like?
The 90405 zip area has a population of 313,888, and 38% of the families have children. The median age is 39.34 years and 72% commute by car. The most popular housing type is "small apartment" and 67% is renter.
Based on information from the bridgeMLS as of 05-17-2024. 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.
Listing last updated on: Apr 05, 2024
Verhouse Last checked 6 minutes ago
The closest grocery stores are Gelson's, 0.45 miles away and Whole Foods Market, 0.8 miles away.
The 90405 zip area has a population of 313,888, and 38% of the families have children. The median age is 39.34 years and 72% commute by car. The most popular housing type is "small apartment" and 67% is renter.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
