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2506 5th St 2, Santa Monica, CA 90405

List Price: $1,500,000On Market FlagOn market
Jun 24, 20251,482 sqft3 beds3 baths
Listed by: Simon Mills
License #: 01309436
Phone #: 818-763-4462
Mills Realty of California
Source:
CRMLS Logo
MLS #: SR25141200

Property Description

Tucked away in a quiet, well-maintained four-unit complex in Santa Monica’s coveted Ocean Park neighborhood, this updated 3-bedroom, 2.5-bath townhome offers an ideal blend of space, comfort, and location. Spanning approximately 1,500 sq ft, the home features a formal entry, high ceilings, and refinished hardwood floors throughout. The spacious living area includes a gas fireplace, recessed lighting, and opens to a private outdoor patio perfect for morning coffee or evening relaxation. The kitchen has been refreshed with updated stainless-steel appliances, granite countertops, and in-unit laundry with energy-efficient machines. The oversized primary suite includes a private balcony with treetop and neighborhood views, while the second en-suite bedroom is perfect for guests or a home office. Additional highlights include central A/C, a freshly painted interior, a brand-new roof (2025, no assessment), and direct access to a private 2-car garage with extra storage. Enjoy abundant natural light from both east- and west-facing windows. Located just five blocks from the beach and close to Main Street shops, cafes, yoga studios, the farmers market, and the newly remodeled John Muir/SMASH campus (reopening in 2025). HOA dues are $400/month and include water, trash, and exterior maintenance. All appliances are included. Pet-friendly and no rental restrictions.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,883

TurboHome Estimated Value

$1,446,100

$976 sqft

High Valuation
$1,518,405
$1025/sqft
Normal Valuation
$1,446,100
$976/sqft
Low Valuation
$1,373,795
$927/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$976/sqft$1,446,100

Neighborhood

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Comparative Value

$1.35M

$1.45M

$1.50M

$1.60M

$1.70M

$1.78M

150 Ocean Park Blvd 429, Santa Monica, CA 90405

Sale Price: $1,350,000

Selected Comparable

2115 3rd St 204, Santa Monica, CA 90405

Sale Price: $1,450,000

Selected Comparable

2506 5th St 2, Santa Monica, CA 90405

List Price: $1,500,000

Subject Property

2201 7th St, Santa Monica, CA 90405

Sale Price: $1,600,000

Selected Comparable

2222 5th St 302, Santa Monica, CA 90405

Sale Price: $1,700,000

Selected Comparable

2432 7th St 4, Santa Monica, CA 90405

Sale Price: $1,785,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
2506 5th St 2, Santa Monica, CA 90405

2506 5th St 2, Santa Monica, CA 90405

List: $1,500,000

Listed: 6/24/2025

Area:1,482 sqft
Price/sqft:$1,012
Beds:3
Baths:3
Year Built:
Lot Size:6,021

Comparable Properties

COMPARABLE
Choose comps
2201 7th St, Santa Monica, CA 90405

2201 7th St, Santa Monica, CA 90405

Sale: $1,600,000

11/8/20240.30 mi

Area:1,559 sqft
Price/sqft:$1,026
Beds:3
Baths:3
Year Built:
Weight:22.3%
2222 5th St 302, Santa Monica, CA 90405

2222 5th St 302, Santa Monica, CA 90405

Sale: $1,700,000

11/20/20240.20 mi

Area:1,450 sqft
Price/sqft:$1,172
Beds:3
Baths:2
Year Built:
Weight:20.7%
2432 7th St 4, Santa Monica, CA 90405

2432 7th St 4, Santa Monica, CA 90405

Sale: $1,785,000

6/20/20250.19 mi

Area:1,658 sqft
Price/sqft:$1,077
Beds:2
Baths:3
Year Built:
Weight:19.6%
2115 3rd St 204, Santa Monica, CA 90405

2115 3rd St 204, Santa Monica, CA 90405

Sale: $1,450,000

2/20/20250.26 mi

Area:1,435 sqft
Price/sqft:$1,010
Beds:2
Baths:3
Year Built:
Weight:19.4%
150 Ocean Park Blvd 429, Santa Monica, CA 90405

150 Ocean Park Blvd 429, Santa Monica, CA 90405

Sale: $1,350,000

7/14/20250.34 mi

Area:1,427 sqft
Price/sqft:$946
Beds:2
Baths:2
Year Built:
Weight:18.0%

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