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2408 5th St, Santa Monica, CA, 90405

$2,365,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
6 Baths
3,996 SqFt
$592/SqFt
House
Schools Nearby

Location

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2408 5th St, Santa Monica$2,365,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingDriveway
Year Built1963
HeatingWall Furnace
CoolingNone
ViewNone
MLS #24362531
Lot Size0.14 Acres
StatusActive

About 2408 5th St

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Century Modern
  • Year Built: 1963
  • Stories: 2
  • Living Area: 3,996 SqFt

Listing Office:

  • Office Name: Robust Real Estate
  • Office Phone: (833) 762-8781
  • Listing Agent: Corey Nelson

Interior Features

Interior Information:

  • Appliances: Disposal

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • View: None

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Santa Monica High School, Public District Grades 9-12
  • John Adams Middle School, Public District Grades 6-8
  • John Muir Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Between Ocean Park and Hollister.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,365,000
  • Price Per SqFt: $592/SqFt

Tax Information:

  • Annual Amount: $2,910
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Santa Monica, CA.

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Santa Monica, CA

City

Med. Sold Price

$1.7M

Med. Price/SqFt

$1,109

Avg. Days On Market

45

# of Sold Homes

35

2408 5th St vs Santa Monica

55 DAYS ON ROCKET

+10 Days

$2,365,000

+$574.3K More

$592/SqFt

-$518 Less

KEY TAKEAWAY

This property is $574.3K more than the Median Sold Price and $518/SqFt less than other homes in Santa Monica, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24362531

Listing Office:

  • Office Name: Robust Real Estate
  • Office Phone: (833) 762-8781
  • Listing Agent: Corey Nelson

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 12:55:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,910$154,415
2020$2,847$152,833
2019$2,628$149,837
2018$2,602$146,900
2017$2,602$144,020

History based on county public records data.

Payment Calculator

$11.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,157

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-975412
6
/10

  • John Muir Elementary School

  • 2526 6th St

  • 0.11 miles

  • Public District Grades KG-5

Middle School

school-card-donut-975413
7
/10

  • John Adams Middle School

  • 2425 16th St

  • 0.90 miles

  • Public District Grades 6-8

High School

school-card-donut-975414
9
/10

  • Santa Monica High School

  • 601 Pico Blvd

  • 0.40 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,038. The majority of Santa Monica, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2408 5th St

What is the listing price of this property?

The listing price of 2408 5th St property is $2,365,000.

What type of property is this?

The property 2408 5th St is a house located in Santa Monica, California, 90405.

Is this property for sale now?

Active Listing: 2408 5th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2408 5th St are:
John Muir Elementary School: GreatSchools Rating 6/10
John Adams Middle School: GreatSchools Rating 7/10
Santa Monica High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,910 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2408 5th St has 8 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 2408 5th St is 3,996 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2408 5th St is 1963.

Rocket Homes›California›Los Angeles County›Santa Monica›90405›2408 5th St

This home is located at 2408 5th St in Santa Monica, CA and zip code 90405 in the Ocean Park neighborhood. This 3,996 square foot home, which was built in 1963, sits on a 0.14 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 02, 2024 and is currently priced at $2,365,000.

While more than 13 listings in Santa Monica, CA in March 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 19 were sold below. The number of homes for sale in Santa Monica, CA increased by 22.3% between February 2024 and March 2024. In March 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $1,790,666.

From Rocket Homes Real Estate and based on county public records data.

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