Zumper
modified
5+ Days Ago

Highlights

  • Private balcony
  • Excellent location
  • On-site laundry room
  • Quiet residential street
  • Everyday conveniences

Location

518 Raymond Ave, Santa Monica, CA 90405, USA|Ocean Park
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Tour 518 Raymond Ave.

Contact

Management

Rosam & Associates, Inc.

Leasing office

(424) 365-8279 ext. 2

Property Overview

518 Raymond Ave. stands out with an 8.5 Zumper Expert Rating, strong price and amenities scores, and a solid location rating, suggesting good overall value and convenience. Its private balcony, on-site laundry room, quiet residential street, and easy access to everyday conveniences add to its appeal, while nearby schools and strong value per square foot further support its desirability.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, 518 Raymond Ave. is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 518 Raymond Ave. has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Elementary school nearby
  • Laundry available on site

Great for

  • Eco living

Floor plans

1BR/1.0BA1 bed1 bath650 sqft$2,495 /mo1 unit availableRear-facing unit with private balcony overlooking at greenery Quiet, tucked-away apartment on a calm residential street Within a mile of the ocean Assigned parking space included Plenty of street parking for guests Laundry room on-site Excellent location near local restaurants, cafes, and everyday conveniences.

Let's explore this property.

Amenities for 518 Raymond Ave.

Appliances

Gas RangeRange
Refrigerator

Building

Gated BuildingIntercom
Onsite Laundry

Grounds

Assigned Parking

Services

Water and Trash
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Assigned Parking

Questions about this property’s policies and fees?

Building details

Property details

Units20
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About 518 Raymond Ave.

HomeApartments in Santa MonicaOcean Park 518 Raymond Ave.

Rear-facing unit with private balcony overlooking at greenery Quiet, tucked-away apartment on a calm residential street Within a mile of the ocean Assigned parking space included Plenty of street parking for guests Laundry room on-site Excellent location near local restaurants, cafes, and everyday conveniences.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, 518 Raymond Ave. is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 518 Raymond Ave. has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 518 Raymond Ave.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
518 Raymond Ave. offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
518 Raymond Ave. goes above and beyond to provide sought-after conveniences and desirable perks, including assigned parking. Renters looking for popular or luxurious features will find them here—and for that reason, 518 Raymond Ave. receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
518 Raymond Ave. is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 518 Raymond Ave. does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
518 Raymond Ave. provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

518 Raymond Ave. is great for:

Eco living

  • You can get around by foot in this area
  • Public transit available nearby
  • On-site recycling or composting options
  • 47 parks within a mile

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 518 Raymond Ave. compares to other nearby properties.

Positives

High school nearby
There is a high school 0.2 mile away
Elementary school nearby
There is an elementary school 0.3 mile away
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Ocean Park

1-bedroom apartments at 518 Raymond Ave. cost about 24% less than the average rent price for 1-bedroom apartments in Ocean Park.

Median rents as of Jun 27 2026.
Ocean Park
Santa Monica
A table of studio rental data trends in Santa Monica
MonthMedian Rent
July 2024$2,350
August 2024$2,329
September 2024$2,326
October 2024$2,195
November 2024$2,275
December 2024$2,270
January 2025$2,303
February 2025$2,421
March 2025$2,279
April 2025$2,199
May 2025$2,184
June 2025$2,183
July 2025$2,119
August 2025$2,015
September 2025$2,067
October 2025$2,125
November 2025$2,087
December 2025$2,092
January 2026$2,195
February 2026$2,193
March 2026$2,097
April 2026$2,091
May 2026$1,996
June 2026$2,020
A table of studio rental data trends in Ocean Park
MonthMedian Rent
July 2024$2,556
August 2024$2,600
September 2024$2,408
October 2024$2,601
November 2024$2,778
December 2024$2,553
January 2025$2,771
February 2025$2,909
March 2025$2,612
April 2025$2,362
May 2025$2,470
June 2025$2,640
July 2025$2,760
August 2025$2,932
September 2025$2,675
October 2025$2,663
November 2025$2,325
December 2025$2,245
January 2026$2,184
February 2026$2,212
March 2026$2,012
April 2026$1,990
May 2026$2,039
June 2026$2,047

Affordability calculator

Can I afford to live at 518 Raymond Ave?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$99,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $99,800 annually to afford this 1-bedroom monthly rent price of $2,495.
For more information on rent affordability, visit our rent calculator.

Schools near 518 Raymond Ave.

Santa Monica Alternative (K-8)

2525 fifth st

santa monica, CA, 90405

K-8Public
A

John Muir Elementary School

2526 sixth st

santa monica, CA, 90405

K-5Public
A

Allies for Every Child

12120 wagner st

culver city, CA, 90230

PKPublic

Juan De Anza Elementary School

12110 hindry ave

hawthorne, CA, 90250

K-5Public
A

Success Learning Center

13530 aviation blvd

hawthorne, CA, 90250

K-12Public
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Internet available near 518 Raymond Ave.

Neighborhood

Ocean Park | Santa Monica, CA

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Santa Monica near 518 Raymond Ave

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 518 Raymond Ave, Santa Monica

Groceries

9/10
At least one supermarket within a 10-minute walk

Shopping

9/10
Wide variety of shops within a few minutes' walk

Cafes

7/10
Several cafés within a few minutes’ walk

Restaurants

8/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

5/10
Some bars within a few minutes’ walk

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