$2,006,000 - $3,016,000
RENTED FEB 1, 2025

2229 5th St Unit 1/2 Santa Monica, CA 90405

Ocean Park Neighborhood
1 Bed
1 Bath
400 Sq Ft
$5,986 Price per Sq Ft

Highlights

  • Open Floorplan
  • Breakfast Area or Nook
  • Crown Molding
  • John Muir Elementary School Rated A
  • Built-In Features
  • 2-minute walk to Los Amigos Park

About This Home

As of February 2025

A great little gem SO close to the beach. Only 5 blocks to the beach and even closer to Main St! Enjoy all the trendy spots that the Ocean Park area offers. Do your shopping at the Sunday Farmers Market or at Gelson's on Lincoln Blvd right off Ocean Park Blvd. You cannot beat the great location that this apartment is situated at. It is actually a little house in the middle of two others. Has its own private yard, small pet allowed. Enjoy the beach life and watch those sunsets over the water!

Last Agent to Rent the Property

Rosina Ehrlich

Nelson Shelton & Associates License #00832804 Listed on: 01/28/2025

Nelson Shelton & Associates

Last Renter's Agent

Rosina Ehrlich

Nelson Shelton & Associates License #00832804 Listed on: 01/28/2025

Nelson Shelton & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,576

Year Built

  • Built in 1948

Lot Details

  • 5,607 Sq Ft Lot
  • Gated Home
  • Property is zoned SMOP2*

Home Design

  • Bungalow

Interior Spaces

  • 400 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Dining Area
  • Security Lights
  • Laundry Located Outside

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Utilities

  • Central Heating

Community Details

Listing and Financial Details

  • Security Deposit $2,450
  • Tenant pays for electricity, gas
  • Rent includes gardener, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4289-008-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,576

Year Built

Built in 1948

Lot Details

0

Rental Info

  • Credit Report Amount: 49.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Deposit Other: 2450.00
  • Rent Includes: Gardener, Trash Collection, Water
  • Security Deposit: 2450
  • Tenant Pays: Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: Bungalow
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 400
  • Lot Acreage: 0.1287
  • Monthto Month: No
  • Year Built: 1948
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Built-Ins, Open Floor Plan, Crown Moldings
  • Flooring: Mixed
  • Appliances: Built-Ins, Cooktop - Gas, Microwave, Oven
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s), Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Breakfast Counter / Bar
  • Laundry: Outside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Microwave, Built-Ins, Range/Oven
  • Price Per S Q F T: 6.13

Exterior Features

  • Pool: No
  • View: No

Utilities

  • Heating: Central
  • Security: Exterior Security Lights, Gated

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4289-008-040
  • Lot Size Area: 5607

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2021
Sold by
Loureiro Manuel Eduardo and Loureiro Theresa
Bought by
Loureiro Manuel E and Loureiro Theresa
Current Estimated Value
$2,394,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,500
Outstanding Balance
$502,926
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,891,296

Purchase Details

Closed on
Sep 27, 2010
Sold by
Loureiro Manuel E and Loureiro Theresa E
Bought by
The 2010 Loureiro Family Trust

Purchase Details

Closed on
Apr 3, 2001
Sold by
Lombardi Donald Gary
Bought by
Loureiro Manuel E and Loureiro Theresa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.25%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Loureiro Manuel E -- Accommodation
Loureiro Manuel Eduardo -- Wfg National Title
The 2010 Loureiro Family Trust -- None Available
Loureiro Manuel E $629,000 Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loureiro Manuel Eduardo $558,500
Closed Loureiro Manuel E $645,300
Closed Loureiro Manuel E $645,300
Closed Loureiro Manuel E $250,000
Closed Loureiro Manuel Eduardo $508,000
Closed Loureiro Manuel E $58,100
Previous Owner Loureiro Manuel E $500,000
Closed Loureiro Manuel E $66,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2025 02/01/25 Rented $2,450 0.0% --
01/28/2025 01/28/25 For Rent $2,450 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,576 $947,788 $828,759 $119,029
2024 $11,576 $929,205 $812,509 $116,696
2023 $11,390 $910,986 $796,578 $114,408
2022 $11,239 $893,124 $780,959 $112,165
2021 $10,947 $875,613 $765,647 $109,966
2020 $10,871 $866,636 $757,797 $108,839
2019 $10,757 $849,644 $742,939 $106,705
2018 $10,082 $832,985 $728,372 $104,613
2016 $9,706 $800,641 $700,090 $100,551
2015 $9,578 $788,615 $689,574 $99,041
2014 $9,455 $773,168 $676,067 $97,101
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2025

    Rosina Ehrlich

    Nelson Shelton & Associates

    (310) 488-6113

    4 Total Sales

    Rosina Ehrlich
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 25490681

The MLS

APN: 4289-008-040

California Los Angeles County Santa Monica 90405 Ocean Park

2229 5th St Unit 1/2, Santa Monica, CA

This home is located at 2229 5th St Unit 1/2, Santa Monica, CA 90405 since 28 January 2025 and is currently priced at $2,394,222. This property was built in 1948. 2229 5th St Unit 1/2 is a home located in Los Angeles County with nearby schools including John Muir Elementary School, John Adams Middle School, and Santa Monica High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes