2506 5th Street 2, Santa Monica, California 90405, Santa Monica, 90405 - 2 bed, 3 bath
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Santa Monica, California 90405
Analysis of 2506 5th Street 2, Santa Monica, California 90405 is currently available with a list price of $1,500,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Santa Monica Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Built in 1981, this townhome has undergone significant and recent updates, including refinished hardwood floors throughout, a freshly painted interior, updated stainless-steel kitchen appliances with granite countertops, and a brand-new roof (2025). The images confirm a clean, modern aesthetic with recessed lighting and contemporary fixtures. These extensive renovations make the property move-in ready and align with the 'Good' condition criteria, indicating it has been extensively renovated within the last 5-15 years.
Situated in a highly sought-after Santa Monica neighborhood, just five blocks from the beach and within walking distance to Main Street's vibrant shops, cafes, and amenities.
Features a brand-new roof (2025), central A/C, refinished hardwood floors, freshly painted interior, and a refreshed kitchen with updated appliances, offering a move-in ready experience.
Approximately 1,500 sq ft with high ceilings, a formal entry, a spacious living area with a fireplace, a private outdoor patio, and an oversized primary suite with a private balcony.
Despite its close proximity (five blocks) to the beach, the property only offers treetop and neighborhood views, which may be a consideration for buyers expecting ocean vistas in this coastal market.
While updated, the 1981 construction means the underlying structure is older. The kitchen is described as 'refreshed' rather than fully 'remodeled,' which might imply less extensive upgrades than some buyers expect at this price point.
Being a 4-unit complex, while potentially quiet, can sometimes lead to more direct and potentially involved HOA management responsibilities for owners compared to larger, professionally managed associations.
Tucked away in a quiet, well-maintained four-unit complex in Santa Monica’s coveted Ocean Park neighborhood, this updated 3-bedroom, 2.5-bath townhome offers an ideal blend of space, comfort, and location. Spanning approximately 1,500 sq ft, the home features a formal entry, high ceilings, and refinished hardwood floors throughout. The spacious living area includes a gas fireplace, recessed lighting, and opens to a private outdoor patio perfect for morning coffee or evening relaxation. The kitchen has been refreshed with updated stainless-steel appliances, granite countertops, and in-unit laundry with energy-efficient machines. The oversized primary suite includes a private balcony with treetop and neighborhood views, while the second en-suite bedroom is perfect for guests or a home office. Additional highlights include central A/C, a freshly painted interior, a brand-new roof (2025, no assessment), and direct access to a private 2-car garage with extra storage. Enjoy abundant natural light from both east- and west-facing windows. Located just five blocks from the beach and close to Main Street shops, cafes, yoga studios, the farmers market, and the newly remodeled John Muir/SMASH campus (reopening in 2025). HOA dues are $400/month and include water, trash, and exterior maintenance. All appliances are included. Pet-friendly and no rental restrictions.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 58% |
| Square foot | 1,482 | 1,427 | 70% |
| Lot Size | 6,023 | 10,987 | 18% |
| Price | $1.50M | $1.21M | 64% |
| Price per sq ft | $1.0K | $1.0K | 50% |
| Built year | 1981 | 1979 | 58% |
| HOA | $400.0 | $600 | 27% |
| Days on market | 285 | 195 | 85% |
Jun 24, 2025
$1,500,000
Initial Listing
Nov 21, 2016
$1,255,000
Public Record
Feb 11, 2010
$715,000
Public Record