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Closed
- Listed price
- $2,100,000
- Listed Jan 23, 2015
- Sold price
- $2,032,500
- Sold Jul 13, 2015
4,927 sqft lot|1922 Built|147 MLS days on market
2411 2ND St, Santa Monica, CA 90405
Property Description
2411 & 2417 2nd Street sold together as one sale for $4,065,000 or $2,032,500 for each one. Amazing value for one of the BEST INVESTMENT OPPORTUNITIES in Santa Monica! Currently at a 4% cap rate return on current rents, there is also SIGNIFICANT UPSIDE POTENTIAL. Perfectly situated a few blocks from the beach & just off Main Street in Santa Monica. A serene courtyard community w/ 4 charming beach bungalows in outstanding condition. The lushly landscaped courtyard contains four detached single story bungalow style homes that have been restored & upgraded to retain their charm. One of the best opportunities in the neighborhood in comparison to recent comps selling far below a 4% cap rate. This represents a rare chance to acquire a value add investment w/ a stabilized, on-market cap rate in the mid to high 5% range.
Listing agent: Tamra (Tami) PardeeDRE #01858429listingagents@pardeeproperties.com, Listing office: Pardee Properties, Inc.
MLS data updated 11/3/2026, 1:02:55 AM PT
Source: CRMLSMLS #: 15822837
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,032,500
Jul 13, 2015
Available records32015
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90405 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90405 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.