Active

1017 5th Street

Santa Monica CA, 90403

$4,995,000


$633.80 per sqft

Active

12 Beds

11 Baths

7,881 sqft

Residential

Built in 1958

Listed by Scott Ammann with The Beverly Hills Estates 310-626-4248

Incredible investment opportunity located 5 blocks from the beach in the highly desirable Wilshire / Montana neighborhood of Santa Monica. This 11-unit apartment building consists of (3) two bedrooms one bathroom, (6) one bedroom one bathroom, and (2) singles. Units consist of hardwood floors, standard kitchens, and balconies/patios. Currently, there are 9 vacant units giving an investor the opportunity to achieve market rents. Exceptional Santa Monica location - within close distance to Montana Ave, The Third Street Promenade, The Santa Monica Pier and the beach. Soft story retrofit has been completed.

24376265

MLS ID

April 11, 2024

Listed

May 25, 2024

Updated

Map

1017 5th Street
Santa Monica CA, 90403

Interior Features

Total Stories

2


Bedrooms

12


Total Bathrooms

11


Interior Features

Ceiling Fan(s)


Appliances

Disposal, Refrigerator


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.17 Acres

Other Property Details

Area Name

C14 - Santa Monica


Days on Market

8


Garage

Yes


Parking

Attached Carport


Parking Total

13


View

No


County

Los Angeles


Pool

No


Zoning

SMR2*


Buyer Agency Compensation

2%

Listing Contact: 310-626-4248 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/25/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/25/2024 at 2:34 AM UTC

 

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