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 10, 2024
Listed
April 18, 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 4/18/2024. 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 4/18/2024 at 2:09 PM UTC