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2644 5th Street, Santa Monica, California 90405, Santa Monica, 90405 - 1 bed, 1 bath

2644 5th Street, Santa Monica, California 90405 home-pic-0
ACTIVE$775,000
2644 5th Street, Santa Monica, California 90405
1Bed
1Bath
Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Beachside Location: Nestled in a serene pocket of Santa Monica just five blocks from the beach, this property offers an ultimate beachside lifestyle in one of LA's most desirable coastal neighborhoods.
Top Cons:
Tenancy in Common (TIC) Structure: TIC ownership can be more complex than traditional condominiums, potentially affecting financing options, requiring specific lenders, and impacting resale liquidity for some buyers.

Compared to the nearby listings

Price:$775.0K vs avg $1.15M ($-375,000)22%
Size: sqft vs avg 1,285 sqft2%
Price/sqft:$0 vs avg $1.0K2%

More Insights

Built in 1930 (95 years old).
Condition: Despite being built in 1930, this property has undergone a comprehensive and high-quality renovation, as evidenced by the listing description and images. The kitchen features modern white shaker cabinets, light countertops, subway tile backsplash, and new stainless steel appliances. The bathroom is spa-like with a floating vanity, vessel sink, modern fixtures, and stylish hexagonal tile. Throughout the home, there are hardwood floors, recessed lighting, modern light fixtures, and a mini-split AC system, all indicating recent updates within the last 5 years. The property is truly turnkey, meeting current quality standards with virtually new components and no deferred maintenance.
Year Built
1930
Close
-
List price
$775K
Original List price
$835K
Price/Sqft
$0
HOA
$215
Days on market
-
Sold On
-
MLS number
25600887
Home ConditionExcellent
Features
View-

About this home

Welcome to this beautifully renovated California bungalow, nestled in a serene pocket of Santa Monica just five blocks from the beach. Blending timeless design with effortless coastal charm, this home is part of an intimate three-unit Tenancy in Common (TIC) community with low monthly dues ($215), offering a rare combination of privacy, style, and location.Behind a white picket fence, you'll discover a bright and inviting residence where every detail has been thoughtfully curated. The open and airy interior features a sun-filled living space, a designer kitchen equipped with modern amenities, and a spa-like bathroom that serves as a quiet retreat.Perfect as a primary home or a weekend escape, this bungalow offers the ultimate beachside lifestyle morning walks along the shore, afternoons exploring the best of Santa Monica, and evenings relaxing to the sound of the ocean breeze.A true turnkey opportunity in one of LA's most desirable coastal neighborhoods don't miss your chance to own this slice of paradise.

Condition Rating
Excellent
Despite being built in 1930, this property has undergone a comprehensive and high-quality renovation, as evidenced by the listing description and images. The kitchen features modern white shaker cabinets, light countertops, subway tile backsplash, and new stainless steel appliances. The bathroom is spa-like with a floating vanity, vessel sink, modern fixtures, and stylish hexagonal tile. Throughout the home, there are hardwood floors, recessed lighting, modern light fixtures, and a mini-split AC system, all indicating recent updates within the last 5 years. The property is truly turnkey, meeting current quality standards with virtually new components and no deferred maintenance.
Pros & Cons

Pros

Exceptional Beachside Location: Nestled in a serene pocket of Santa Monica just five blocks from the beach, this property offers an ultimate beachside lifestyle in one of LA's most desirable coastal neighborhoods.
Turnkey & Fully Renovated: Described as a beautifully renovated California bungalow with a designer kitchen and spa-like bathroom, it presents a true turnkey opportunity with every detail thoughtfully curated.
Charming & Inviting Aesthetics: The home features timeless design with effortless coastal charm, including a white picket fence, creating a bright and inviting residence.
Low Association Dues: The low monthly dues of $215 for an intimate three-unit Tenancy in Common (TIC) community are a significant financial advantage for owners.
Versatile Ownership Opportunity: Perfect as a primary home or a weekend escape, this property appeals to a broad range of buyers seeking flexibility in its use.

Cons

Tenancy in Common (TIC) Structure: TIC ownership can be more complex than traditional condominiums, potentially affecting financing options, requiring specific lenders, and impacting resale liquidity for some buyers.
Older Property (Built 1930): Despite renovations, the 1930 build year may imply potential for underlying infrastructure issues (e.g., plumbing, electrical) or higher maintenance costs associated with older properties not explicitly covered by recent upgrades.
Multiple Price Reductions: The property has undergone several price reductions from its original list price of $835,000 down to $775,000, which could indicate initial overpricing or a longer time on market, potentially raising questions about its perceived market value.

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