Santa Monica, CA 90405,2408 5th ST
Santa Monica, CA 90405,2408 5th ST
Santa Monica, CA 90405,2408 5th ST
Santa Monica, CA 90405,2408 5th ST
Santa Monica, CA 90405,2408 5th ST
Santa Monica, CA 90405,2408 5th ST
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$2,100,000

$2,249,000

6.6%
Est.Price: ?

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Est. payment /mo

8 Beds

6 Baths

3,996 SqFt


SOLD DATE : 07/03/2024

Key Details

Sold Price $2,100,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,996 sqft

Price per Sqft $525

MLS Listing ID 24362531

Sold Date 07/03/24

Bedrooms 8

HOA Y/N No

Year Built 1963

Lot Size 6,006 Sqft

Property Description

THE MOST DESIRABLE UNIT WILL NOW BE DELIVERED VACANT. PERFECT OPPORTUNITY FOR AN OWNER-USER. 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.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMOP2*

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Disposal

Laundry Stacked

Exterior

Parking Features Driveway

View Y/N No

View None

Total Parking Spaces 5

Building

Story 2

Entry Level Two

Architectural Style Mid-Century Modern

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4287007020

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Corey Nelson • Robust Real Estate
Bought with Maria Santos Ortiz • Real Broker
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