2408 5th Street
$2,100,000
8
6
3,996
3,996
$526
Sold 7/3/24
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...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.
- Listed by Corey Nelson • DRE #01462372 • Brokerage DRE #01834648 • Robust Real Estate
Property Details for 2408 5th Street
Zoning
SMOP2*
StyleMid-Century
Parcel Number4287007020
Total Units4.0
Living Area3996
Source Living AreaVendor Enhanced
AreaSanta Monica (C14)
Vacancy Rate0
LISTING UPDATED: 07/05/2024 09:04 AM
Property Details for 2408 5th Street
Status | Sold |
---|---|
MLS # | 24-362531 |
Days on Market | 101 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1963 |
Lot Size | 0.14 AC / 6,005 SF |
County | Los Angeles County |
Building Information for 2408 5th Street
Stories2Residences-Year Built1963Building Size-Lot Size0.14 AC / 6,005 SF
Property Information for 2408 5th Street
Property History for 2408 5th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2408 5th Street
Taxable ValueLand$63,906Additions$99,957Total$163,863
Tax Record2024$3,141 ($262 / month)
Home Facts
Total Finished SqFt3,996 SqFtAbove Grade Finished SqFt3,996 SqFtLot Size6,003 SqFtStyleQuadraplexYear Built1963ZoningSMOP2*CountyLOS ANGELESAPN4287-007-020
Schools near 2408 5th Street
This home is within Santa Monica-Malibu Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
John Muir Elementary School PublicK to 5 | ||
John Adams Middle School Public6 to 8 | ||
Santa Monica High School Public9 to 12 | ||
Santa Monica Alternative (K-8) School PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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