Poupee Komenkul
Rodeo Realty
(747) 998-0899
146 Total Sales
1 in Ocean Park
$1,875,000 Price
2408 5th St Santa Monica, CA 90405
Ocean Park NeighborhoodEstimated Value: $2,320,930
8
Beds
6
Baths
3,996
Sq Ft
$581/Sq Ft
Est. Value
Highlights
- Midcentury Modern Architecture
- John Muir Elementary School Rated A
- 1-minute walk to Los Amigos Park
About This Home
As of July 2024THE 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.
Last Agent to Sell the Property
Robust Real Estate License #01462372 Listed on: 03/01/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 6,005
Home Design
- Midcentury Modern Architecture
Interior Spaces
- 3,996 Sq Ft Home
- 2-Story Property
- Stacked Washer and Dryer Hookup
Kitchen
- Oven or Range
- Disposal
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- Driveway
Additional Features
- 6,005 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 4 Units
- Vacancy Allowance $4,303
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for water, gardener
- Assessor Parcel Number 4287-007-020
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2024
Closed on
Jun 6, 2024
Sold by
Bought by
Seller's Agent
Corey Nelson
Robust Real Estate
Buyer's Agent
Maria Santos Ortiz
Figure 8 Realty
List Price
$2,365,000
Sold Price
$2,100,000
Premium/Discount to List
-$265,000
-11.21%
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,930
Avg. Annual Appreciation
4.93%
Original Mortgage
$2,065,000
Outstanding Balance
$2,038,241
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$282,689
Purchase Details
Closed on
Nov 2, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 14, 2013
Sold by
Bought by
Purchase Details
Closed on
Jun 1, 2013
Sold by
Bought by
Purchase Details
Closed on
Dec 15, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 23, 2005
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ocean Park, CA
-
Poupee Komenkul
-
Amalia Khachikian
Amalia Khachikian
Responds QuicklyBerkshire Hathaway HomeServices California Properties
(424) 359-1579
45 Total Sales
2 in Ocean Park
$1,499,000 Price Range
-
Angelo Fierro
Angelo Fierro
Compass
(213) 277-2416
63 Total Sales
1 in Ocean Park
$660,000 Price
-
Rebecca Sekulich
Rebecca Sekulich
Compass
(424) 367-1735
46 Total Sales
2 in Ocean Park
$1.6M - $3.1M Price Range
-
Melissa Macfadyen
Melissa Macfadyen
Compass
(424) 532-7583
24 Total Sales
2 in Ocean Park
$677K - $1.2M Price Range
-
Colt Maloney
Colt Maloney
Figure 8 Realty
(213) 513-7683
62 Total Sales
1 in Ocean Park
$875,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,100,000 | Lawyers Title | ||
| -- | Lawyers Title | ||
| -- | Lawyers Title Sd | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | Commonwealth Land Title Co | ||
| -- | Commonwealth Land Title | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,065,000 | ||
| Previous Owner | $268,000 | ||
| Previous Owner | $323,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/03/2024 07/03/24 | Sold | $2,100,000 | -6.6% | $526 / Sq Ft |
| 06/10/2024 06/10/24 | Pending | -- | -- | -- |
| 05/20/2024 05/20/24 | Price Changed | $2,249,000 | -4.9% | $563 / Sq Ft |
| 03/01/2024 03/01/24 | For Sale | $2,365,000 | -- | $592 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $26,623 | $2,100,000 | $1,800,000 | $300,000 |
| 2024 | $3,141 | $163,863 | $63,906 | $99,957 |
| 2023 | $3,091 | $160,651 | $62,653 | $97,998 |
| 2022 | $3,032 | $157,502 | $61,425 | $96,077 |
| 2021 | $2,910 | $154,415 | $60,221 | $94,194 |
| 2020 | $2,886 | $152,833 | $59,604 | $93,229 |
| 2019 | $2,848 | $149,837 | $58,436 | $91,401 |
| 2018 | $2,628 | $146,900 | $57,291 | $89,609 |
| 2016 | $2,477 | $141,197 | $55,067 | $86,130 |
| 2015 | $2,442 | $139,077 | $54,240 | $84,837 |
| 2014 | $2,449 | $136,354 | $53,178 | $83,176 |
Source: Public Records
Agents Affiliated with this Home
-
Corey Nelson
Seller's Agent in 2024
Corey Nelson
Robust Real Estate
(310) 927-0095
1 in this area
63 Total Sales
-
Maria Santos Ortiz
M
Buyer's Agent in 2024
Maria Santos Ortiz
Figure 8 Realty
(619) 663-8680
1 in this area
5 Total Sales
Map
Source: The MLS
MLS Number: 24-362531
APN: 4287-007-020
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© 2026 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.
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