2408 5th Street Santa Monica, CA $ 2,365,000
2408 5th Street
$ 2,365,000
Share Save

2408 5th Street

Santa Monica, CA, 90405
$ 2,365,000
Bedrooms8 Baths6.0 Sq 3,996

Monthly Estimate*

$ 16,520

Listed by Robust Real Estate
2408 5th Street, Santa Monica, CA 90405 - Image 1
2408 5th Street, Santa Monica, CA 90405 - Image 2
2408 5th Street, Santa Monica, CA 90405 - Image 3
2408 5th Street, Santa Monica, CA 90405 - Image 4
2408 5th Street, Santa Monica, CA 90405 - Image 5
2408 5th Street, Santa Monica, CA 90405 - Image 6
2408 5th Street, Santa Monica, CA 90405 - Image 7
2408 5th Street, Santa Monica, CA 90405 - Image 8
2408 5th Street, Santa Monica, CA 90405 - Image 9
2408 5th Street, Santa Monica, CA 90405 - Image 10
2408 5th Street, Santa Monica, CA 90405 - Image 11
2408 5th Street, Santa Monica, CA 90405 - Image 12
2408 5th Street, Santa Monica, CA 90405 - Image 13

Multi-Family Home for sale in Santa Monica, CA

for $2,365,000 with 8 bedrooms and 6 full baths. This 3,996 square foot home was built in 1963 on a lot size of 0.1379.

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.

See more

Multi-Family Active

Price

$ 2,365,000

Bedrooms

8

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

MidCenturyModern

Lot Size

0.1379

Year Built

1963

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

24362531

Days on Market

71

Features
General
Heating WallFurnace
Cooling None
Appliances Disposal
Zoning SMOP2*
Architectural Style MidCenturyModern
Year Built 1963
Tenant Pays Electricity Gas
View None
Stories 2
Levels Two
Gross Income 143448.0
County Los Angeles
Net Operating Income 94718.44
Insurance Expense 4727.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Between Ocean Park and Hollister.
City Santa Monica
View Y/N N
Senior Community Y/N N
Open Parking Spaces 5.0
Total Units 4
MLS Area C14 - Santa Monica
Lot Size Square Feet 6005.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 5th
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Water Sewer Expense 5566.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 35
Standard Status Active
Occupancy Description Tenant
Taxes 27434.0
Cap Rate 4.01
See more
Exterior
Parking Features Driveway
Total Parking 5.0
Lot Size Area 6005.0
Number of Buildings 1
Spa N
Building Area Total 3996.0
Lot Size Acres 0.1379
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Street
Laundry Features Stacked
Total Bedrooms 8
Electric On Property Y/N N
Total Baths 6
See more
Internal Only
Street Number 1 2408
See more
* Excluded Features
List By
Robust Real Estate

Broker

(310) 927-0095

Phone

Affordability Calculator

$16,520
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,520
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/2/2024$2,365,000 Listed Price

Map


See all

2408 5th Street, Santa Monica, CA, 90405 is a Multi-Family Home for sale at $2,365,000 with 3,996 sqft and a lot size of 0.1379. 2408 5th Street has 8 bedrooms, 6.0 baths, and was built in 1963. The property's zip code is 90405 which is in Santa Monica, CA