2215 5th Street B, Santa Monica, California 90405, Santa Monica, 90405 - 3 bed, 3 bath

2215 5th Street B, Santa Monica, California 90405 home-pic-0
ACTIVE$2,498,000$2,161/sqft
2215 5th Street B, Santa Monica, California 90405
3Beds
3Baths
2,161Sqft
5,589Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Coastal Location: Situated in the highly coveted Ocean Park neighborhood of Santa Monica, offering immediate access to the beach, popular restaurants, shopping, and premier amenities along Main Street and Ocean Avenue.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2161, other record living area = 2106.

Compared to the nearby listings

Price:$2.50M vs avg $1.58M (+$920,500)83%
Size:2,161 sqft vs avg 1,813 sqft67%
Price/sqft:$1.2K vs avg $97367%

More Insights

Built in 2020 (6 years old).
Condition: This property was built in 2020, making it only 4 years old and falling well within the 'newly built' criteria for an excellent score. The description highlights a modern kitchen with Thermador appliances and custom cabinetry, and luxe bathrooms with dual sink vanities. Images confirm a contemporary design throughout, with hardwood floors, recessed lighting, and high-end finishes in pristine condition. Smart home technology, solar, and EV charging further enhance its modern appeal and quality.
Year Built
2020
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$1,156
HOA
$350
Days on market
-
Sold On
-
MLS number
26633383
Home ConditionExcellent
Features
Patio
View

About this home

Discover contemporary coastal living at its finest in the coveted Ocean Park neighborhood of Santa Monica, surrounded by popular restaurants, shopping and mere minutes from the beach. Built in 2020, this 3-bedroom, 3-bathroom residence spans 2,106 square feet of beautifully designed living space and is enhanced by smart home tech including surround sound, coded entry, solar, and EV charging. The open-concept first floor features a spacious living and dining area and a modern kitchen equipped with Thermador appliances and ample custom cabinetry. Floor-to-ceiling steel framed windows flood the home with natural light and open from the expansive great room to a private backyard, creating seamless indoor-outdoor flow. With soaring high ceilings, a sophisticated formal entry and a powder bath, the inviting main level is ideal for effortless entertaining or serene everyday living. A laundry area and all three bedrooms are located upstairs, inclusive of the spacious primary suite with a walk-in closet and a luxe bathroom with a dual sink vanity. Set behind an automatic driveway gate for security and peace of mind, the home offers covered parking for two vehicles with an EV charger. Set in a vibrant neighborhood, residents will enjoy convenient access to premier amenities along Main Street, Ocean Avenue, the 3rd Street Promenade, and incredible outdoor activities with the beach just moments away. Seize the opportunity to live the ideal coastal lifestyle at this rare, contemporary residence in a dream Santa Monica location.

F
F. Ron Smith
Listing Agent

Price History

Date
Event
Price
06/11/21
Sold
$2,400,000
Condition Rating
Excellent

This property was built in 2020, making it only 4 years old and falling well within the 'newly built' criteria for an excellent score. The description highlights a modern kitchen with Thermador appliances and custom cabinetry, and luxe bathrooms with dual sink vanities. Images confirm a contemporary design throughout, with hardwood floors, recessed lighting, and high-end finishes in pristine condition. Smart home technology, solar, and EV charging further enhance its modern appeal and quality.
Pros & Cons

Pros

Prime Coastal Location: Situated in the highly coveted Ocean Park neighborhood of Santa Monica, offering immediate access to the beach, popular restaurants, shopping, and premier amenities along Main Street and Ocean Avenue.
New Construction & Modern Design: Built in 2020, this residence boasts contemporary architecture, beautifully designed living spaces, soaring high ceilings, and a modern kitchen equipped with Thermador appliances and custom cabinetry.
Advanced Smart Home Technology: Enhanced with cutting-edge smart home features including solar panels, EV charging, surround sound, and coded entry, appealing to modern, tech-savvy buyers.
Seamless Indoor-Outdoor Living: Floor-to-ceiling steel framed windows flood the home with natural light and open to a private backyard, creating an ideal environment for entertaining and daily living.
Security & Convenient Parking: Features an automatic driveway gate for enhanced security and offers covered parking for two vehicles, complete with an EV charger.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2161, other record living area = 2106.
Monthly HOA Fees: The property incurs a monthly association fee of $350, which is an additional recurring cost for homeowners.
Townhouse Structure: As a townhouse, it may involve shared walls and potentially less private outdoor space compared to a detached single-family home, which might not appeal to all buyers.
Modest Price Appreciation: The current listing price shows a relatively small increase from its 2021 sale price, suggesting a potentially slower rate of appreciation over a five-year period compared to typical market trends in Santa Monica.
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