NOT LISTED FOR SALE

2309 5th St Unit 4 Santa Monica, CA 90405

Ocean Park Neighborhood

Estimated Value: $932,000 - $1,223,000

2 Beds
2 Baths
916 Sq Ft
$380/mo HOA Fee

Last Sold January 21, 2022

Last sale price $935,000 $1,021 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,848/month

3 Days on Market

Highlights

  • 0.64 Acre Lot
  • Wood Flooring
  • Courtyard Views
  • John Muir Elementary School Rated A
  • Modern Architecture
  • 2-minute walk to Los Amigos Park

About This Home

As of January 2022

NEWLY REMODELED courtyard condo located just a few blocks from the beach and Main street with some of the best shops & restaurants is a beautiful 2 bedroom unit. This top floor unit offers lots of natural light, large living room, updated kitchen with stainless steel appliances and great cabinet space. Two great size bedrooms and both bathrooms. The unit offers in-unit laundry including Earthquake Insurance!

Last Agent to Sell the Property

Ariel Dromy

LND Realty License #01994659 Listed on: 12/20/2021

Last Buyer's Agent

Steve Murillo

License #01114985

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,819

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • West Facing Home
  • Gated Home

HOA Fees

  • $380 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 916 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Courtyard Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • Shared Driveway

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4289-007-104

Community Details

Overview

  • Association fees include earthquake insurance, insurance, water
  • 20 Units

Pet Policy

  • Pets Allowed

Additional Features

  • Community Mailbox
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,819

Year Built

Built in 1966 | Remodeled

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: 5th Street HOA
  • Entry Floor: 2
  • Living Area: 916
  • Lot Acreage: 0.6434
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Unit Floor In Building: 2
  • Year Built: 1966
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Tile, Hardwood
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: No
  • Price Per S Q F T: 993.45

Exterior Features

  • Balcony: None
  • Direction Faces: West
  • Tennis Court Y/N: No
  • Pool: No
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: Shared Driveway

Utilities

  • Earth Quake Ins: 1
  • Heating: Wall
  • Security: Gated
  • Sewer: In Street
  • Water: Public

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Controlled Access
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance, Insurance, Water
  • HOA Fees: 380.11
  • HOA: Yes
  • Unit Location: Rear

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4289-007-104
  • Lot Size Area: 28026

Multi Family

  • Number Of Units: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Dec 28, 2021
Sold by
5Th Street Investment Company Llc
Bought by
Carretta Arman and Reiff Shanan T
Seller's Agent
Ariel Dromy
LND Realty
Buyer's Agent
Steve Murillo
List Price
$910,000
Sold Price
$935,000
Premium/Discount to List
$25,000
2.75%
Current Estimated Value
$1,029,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,235
Avg. Annual Appreciation
2.10%
Original Mortgage
$748,000
Outstanding Balance
$690,783
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$318,015

Purchase Details

Closed on
Jul 1, 2013
Sold by
Dromy Judy
Bought by
5Th Street Investment Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,606
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 16, 2007
Sold by
2141 Stradella Inc
Bought by
5Th Street Investment Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,750
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2007
Sold by
5Th Street Investment Co Llc
Bought by
2141 Stradella Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,750
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2002
Sold by
Dromy Ely
Bought by
5Th Street Investment Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.37%

Purchase Details

Closed on
Nov 30, 1999
Sold by
5Th Street Investment Co Llc
Bought by
Dromy Ely and 5Th Street Investment Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Carretta Arman $935,000 Fidelity National Builders Ser
5Th Street Investment Company Llc -- Lsi
5Th Street Investment Co Llc -- Accommodation
2141 Stradella Inc -- Accommodation
5Th Street Investment Company Llc -- Equity
Dromy Ely -- Equity Title
Dromy Ely -- Equity Title
Dromy Ely -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carretta Arman $748,000
Previous Owner 5Th Street Investment Company Llc $382,606
Previous Owner 5Th Strest Investment Company Llc $382,606
Previous Owner 2141 Stradella Inc $412,750
Previous Owner Dromy Ely $245,000
Previous Owner Dromy Ely $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $935,000 +2.7% $1,021 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
12/20/2021 12/20/21 For Sale $910,000 -- $993 / Sq Ft
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 $11,819 $992,228 $793,783 $198,445
2024 $11,819 $972,773 $778,219 $194,554
2023 $11,706 $953,700 $762,960 $190,740
2022 $3,148 $214,223 $89,614 $124,609
2021 $3,045 $210,023 $87,857 $122,166
2020 $3,022 $207,871 $86,957 $120,914
2019 $2,983 $203,796 $85,252 $118,544
2018 $2,809 $199,801 $83,581 $116,220
2016 $2,691 $192,045 $80,337 $111,708
2015 $2,653 $189,162 $79,131 $110,031
2014 $2,630 $185,457 $77,581 $107,876
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Ariel Dromy

    LND Realty

    (310) 709-5040

    5 in this area

    16 Total Sales

    Ariel Dromy
    Section Image

  • S

    Buyer's Agent in 2022

    Steve Murillo

See All Agents

Map

Source: The MLS

MLS Number: 21-110801

The MLS

APN: 4289-007-104

California Los Angeles County Santa Monica 90405 Ocean Park

2309 5th St Unit 4, Santa Monica, CA

This home is located at 2309 5th St Unit 4, Santa Monica, CA 90405 since 20 December 2021 and is currently estimated at $1,029,235, approximately $1,123 per square foot. This property was built in 1966. 2309 5th St Unit 4 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.

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