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937 5th Street 9, Santa Monica, California 90403, Santa Monica, 90403 - 2 bed, 2 bath

937 5th Street 9, Santa Monica, California 90403 home-pic-0
ACTIVE$979,000
937 5th Street 9, Santa Monica, California 90403
2Beds
2Baths
868Sqft
7,511Lot
Year Built
1960
Close
-
List price
$979K
Original List price
$979K
Price/Sqft
$1,128
HOA
$372
Days on market
-
Sold On
-
MLS number
25521041
Home ConditionGood
Features
Patio
ViewCourtyard

About this home

We found 3 Cons,6 Pros. Rank: price - $979.0K(27th), sqft - 868(16th), beds - 2(50th), baths - 2(45th).

Prime Santa Monica Location Steps from the Beach! This bright, move-in-ready upper unit offers the ultimate in coastal convenience and lifestyle. Located just a few blocks from Santa Monica Beach, minutes from the lively Third Street Promenade, and a short walk to Christine Emerson Reed Park with its six lighted basketball and tennis courts. To the north, enjoy the boutique shops and charming cafes along Montana Avenue. Set in a quiet, well-maintained 10-unit building with gated access, this unit features a spacious open floor plan, large bedrooms, recessed lighting throughout, and a functional kitchen with new appliances. One dedicated parking space is included at the back of the building, along with overhead storage and a shared storage room for bikes, surfboards, or larger items. Enjoy easy access to the I-10 and 405 freeways, placing all of Southern California within reach. Also listed for rent at $3,795. Don't miss the chance to live in one of Santa Monica's most sought-after neighborhoods whether you're renting or buying!

Nearby schools

8/10
Roosevelt Elementary School
Public,•K-5•0.3mi
9/10
Franklin Elementary School
Public,•PK-5•1.5mi
8/10
Lincoln Middle School
Public,•6-8•0.8mi
8/10
Santa Monica High School
Public,•9-12•1.2mi

Price History

Date
Event
Price
04/26/21
Sold
$799,000
06/01/06
Sold
$616,000
Condition Rating
Good
The property, built in 1960, presents as move-in ready with several key updates. The kitchen features new stainless steel appliances and functional, well-maintained wood cabinetry and granite-look countertops. Recessed lighting throughout and a modern mini-split AC unit indicate recent improvements. While the bathroom vanity countertop appears to be an older style, the overall bathroom is clean and functional with a glass shower enclosure. Flooring consists of clean carpets and tile. The unit has been well-maintained and updated sufficiently to be comfortable and functional without immediate renovation, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Franklin Elementary School (9/10).
Prime Coastal Location: The property boasts a highly desirable Santa Monica location, just blocks from the beach, minutes from Third Street Promenade, and a short walk to Christine Emerson Reed Park, offering an unparalleled coastal lifestyle.
Move-in Ready & Updated Interior: This upper unit is move-in ready, featuring a spacious open floor plan, large bedrooms, recessed lighting throughout, and a functional kitchen equipped with new appliances, providing modern comfort.
Dedicated Parking & Ample Storage: A dedicated parking space is included, a significant advantage in Santa Monica, along with overhead storage and a shared storage room for bikes, surfboards, or larger items.
Exceptional Walkability & Amenities Access: Enjoy easy access to a vibrant array of amenities, including boutique shops and charming cafes along Montana Avenue, the lively Third Street Promenade, and recreational facilities at Christine Emerson Reed Park.
Highly-Rated School District: The property is zoned for highly-rated public schools, including Franklin Elementary (9/10), Lincoln Middle (8/10), and Santa Monica High (8/10), making it attractive for families.

Cons

Building Age: Constructed in 1960, the building is older, which may imply potential for aging infrastructure, higher maintenance costs, or future special assessments for common area upgrades.
Modest Square Footage: At 868 square feet for a 2-bedroom, 2-bathroom unit, the living space is relatively modest, which might feel constrained for some buyers or limit future expansion possibilities.
Monthly HOA Fees: The property incurs a monthly association fee of $372.00, which adds a recurring cost to homeownership and should be factored into the overall budget.

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