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2301 5th Street

2301 5th Street, Santa Monica, CA 90405
Multifamily in Ocean Park
Local assessors in Santa Monica, CA have categorized 2301 5th Street as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 5,612 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2301 5th Street has a total of 1,828 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on air conditioning for their cooling system. The property was last sold in Aug 14, 2012 for $1,225,012. That's $670.14 per sqft. 2301 5th Street was last assessed in 2023. The total value of the property was assessed at $1,471,827. Specifically, the land the property is located on was valued at $1,330,965. While improvements on the property were assessed at a total of $140,862. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $17,602. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Detached Garage
On-Street Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210521
05/21/2021
4 Bed
3 Bath
1828 ft²
$2,749,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
1828 ft²
-
-
-
Aaron Grushow
Compass

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,612
  • Total Building Area: 1,828
  • Gross Building Area: 1,828
  • Building Area: 1,828
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,828
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OCEAN SPRAY TRACT
  • Land Acres: 0.129
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: OCEAN SPRAY TR LOT/SEC 5 BLK/DIV/TWN D

Ownership

  • Current Owner : GROSSMAN STEPHANIE
  • Previous Owner : KOFLER MARK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 702201

Zoning

  • Zoning: SMOP2*

Geography

  • Assessors Map Reference: 49-B2
  • Parcel: 4289-007-030
  • Block: D
  • Lot: 5
  • Municipality: WEST /SANTA MONICA
  • Latitude: 34.0073
  • Longitude: -118.483

    Address

  • Full Address: 2301 5th St
  • Address - House Number: 2301
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Santa Monica
  • Zip Code: 90405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,602
  • Tax Rate Code Area: 08-604

    Appraisal Valuation

  • Standard Deviation: 0.2308
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 67
  • Final Value: 2,489,194
  • High Value: 3,063,873
  • Low Value: 1,914,515

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,150,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Feb 22, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,471,827
  • Assessed Land Value: $1,330,965
  • Assessed Improvements Value: $140,862

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 14, 2012
  • Current Sale Recording Date: Sep 20, 2012
  • Current Sale Transaction ID: 1030378506
  • Current Sale Price: $1,225,012
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 12-1416647

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 20, 2012
  • First Mortgage Loan Amount: $918,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Oct 01, 2042

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Ocean Park



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Frequently Asked Questions

What neighborhood is 2301 5th Street located in?
The 2301 5th Street is a multifamily located in the neighborhood of Ocean Park in Ocean Park, Santa Monica.
What is the average sales price for listings in 2301 5th Street?
The average sales price for units in 2301 5th Street is $0 currently.

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