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$2,365,000
8 bed
3,996 Sqft
6,005 Sqft lot

2408 5th Street, Santa Monica, California 90405

  • Residential Income Property Type
  • 58 Days Time on market
  • $592 Price per sqft
  • 1963 Year Built
Property Description

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.

Basic Details
Residential Income
Buy
24362531
$2,365,000
8
3,996 Sqft
1963
6,005 Sqft
Active
Condos/Co-ops
Features
: Wall Furnace
: Disposal
: Midcenturymodern
5
$0
Address
CA
Los Angeles
Santa Monica
90405
2408 5th Street
2408
Street
0
W119° 31' 2.9''
N34° 0' 21.8''
Additional Information
58
2
2
6
: Two
1
: Stacked
3,996 Sqft
0 Sqft
0 Sqft
0.14 Sqft
6,005 Sqft
1
0 Sqft
SMOP2*
4287007020
$0
$0
$0
$0
1
$4,587
$0
0 Sqft
0 Sqft
$0
1
02/03/2024 08:41:32
$0
: Standard
Between Ocean Park and Hollister.
Destrahan
Harry Hurst
Robust Real Estate
Corey Nelson
CLW-X8257556
CLW-X65595
$0
4.01
1
1
0
0
1
1
4
143448
US-06037-N-4287007020-R-N
05/04/2024 17:00:59
5th
C14 - Santa Monica
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