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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$850,000
2644 5th Street, Santa Monica, California 90405
1Bed
1Bath
540Sqft
Lot
Year Built
1930
Close
-
List price
$850K
Original List price
$895K
Price/Sqft
$1,574
HOA
$215
Days on market
-
Sold On
-
MLS number
25555129
Home ConditionExcellent
Features
View-

About this home

Possibly Over-Priced:The estimated price is 8% below the list price. We found 3 Cons,5 Pros. Rank: price - $850.0K(33th), sqft - 540(2th), beds - 1(22th), baths - 1(22th).

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.

Price History

Date
Event
Price
09/26/25
Price Change
$850,000-1.7%
09/21/25
Price Change
$865,000-0.6%
09/11/25
Price Change
$870,000-0.6%
08/30/25
Price Change
$875,000-0.6%
08/16/25
Price Change
$880,000-0.6%
08/08/25
Price Change
$885,000
06/20/25
Listing
$895,000
Condition Rating
Excellent
Despite being built in 1930, this property has undergone a beautiful and extensive renovation, as described and clearly visible in the images. The kitchen features modern stainless steel appliances, white shaker cabinets, subway tile backsplash, and stylish checkered flooring. The bathroom is spa-like with a modern floating vanity, vessel sink, glass-enclosed shower with contemporary tiling, and updated fixtures. Throughout the home, there are hardwood floors, recessed lighting, and a modern mini-split AC system, indicating a complete and high-quality update, making it a true turnkey property with virtually new components meeting current quality standards.
Pros & Cons

Pros

Prime Coastal Location: Nestled in a serene pocket of Santa Monica, just five blocks from the beach, offering an ultimate beachside lifestyle in a highly desirable neighborhood.
Extensive Renovation & Modern Amenities: The property has been beautifully renovated, featuring a designer kitchen with modern amenities and a spa-like bathroom, providing a contemporary and comfortable living experience.
Charming & Stylish Design: A California bungalow blending timeless design with effortless coastal charm, creating a bright, inviting, and aesthetically pleasing residence.
Low Monthly Dues: Part of an intimate three-unit Tenancy in Common (TIC) community with remarkably low monthly dues of $215, which is attractive for Santa Monica.
Turnkey Opportunity: Described as a 'true turnkey opportunity,' indicating it is ready for immediate occupancy without the need for further renovations or significant repairs.

Cons

Tenancy in Common (TIC) Ownership: The property is a Tenancy in Common, which can present financing challenges as not all lenders offer TIC loans, potentially limiting the buyer pool.
Compact Living Space: With only 540 square feet, the property offers a very compact living area, which may be restrictive for some buyers or limit its long-term functionality.
Recent Price Reductions & Potential Overpricing: The property has undergone multiple price reductions from its original list price of $895,000 to $850,000, and is currently listed 8% above its estimated value, suggesting market resistance or overpricing.

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