2644 5th Street, Santa Monica, California 90405, Santa Monica, 90405 - 1 bed, 1 bath
2644 5th Street
Santa Monica, California 90405
Property Price
SUMMARY
Analysis of 2644 5th Street, Santa Monica, California 90405 is currently available with a list price of $765,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1930, this California bungalow has undergone an extensive and high-end renovation within the last 5 years. The property features a designer kitchen with modern appliances, a spa-like bathroom, and updated finishes throughout. It is presented in turnkey condition with no deferred maintenance, meeting the criteria for a recently renovated, high-quality residence.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated just five blocks from the beach in a highly desirable Santa Monica pocket, this property offers an ideal coastal lifestyle with easy access to the shore and local amenities.
- Turnkey Designer Renovations
The bungalow has been beautifully updated with a designer kitchen, spa-like bathroom, and modern finishes, providing a move-in-ready experience without the need for immediate upgrades.
- Low Monthly Maintenance
With association fees at only $215 per month, this property offers exceptionally low carrying costs for the Santa Monica area, enhancing its long-term affordability for owners.
CONSRISKS & DEFICIENCIES
- TIC Ownership Structure
As a Tenancy in Common (TIC) unit, financing options are more limited than traditional condos, often requiring specific lenders and higher down payments which can restrict the buyer pool.
- Market Resistance and Pricing History
The property has undergone five consecutive price reductions since its initial listing, suggesting a struggle to align with buyer expectations or market value despite its renovated condition.
About 2644 5th Street
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1930
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $215.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 25% |
| Baths | 1.0 | 2.0 | 22% |
| Square foot | - | 1,340 | 3% |
| Lot Size | - | 14,701.5 | 3% |
| Price | $765.0K | $1.19M | 19% |
| Price per sq ft | $0 | $996 | 3% |
| Built year | 1930 | 1974 | 3% |
| HOA | $215.0 | $620 | 3% |
| Days on market | 154 | 173 | 34% |
Pricing History
Listed for Sale
Feb 22, 2026
$765,000
$770,000
-1% Price Drop
Initial Listing
Price Change
Jan 24, 2026
$770,000
$775,000
-1% Price Drop
Initial Listing
Price Change
Nov 24, 2025
$775,000
$795,000
-3% Price Drop
Initial Listing
Price Change
Nov 5, 2025
$795,000
$815,000
-2% Price Drop
Initial Listing
Price Change
Oct 27, 2025
$815,000
$835,000
-2% Price Drop
Initial Listing
Price Change
Oct 3, 2025
$835,000
Initial Listing