• 1017 5th Street Santa Monica, CA 90403

  • $4,995,000
  • 12
    Bed(s)
  • 0
    Baths
  • 7,881
    Sq Ft
  • 7494
    Sqft
  • Listed By: Scott Ammann, The Beverly Hills Estates, DRE #01295980
  • Source: CRMLS

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.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 12

Bathroom Information

Total Baths: 11

Full Baths: 0

Half Baths: 0

Interior Features

Interior Features: Ceiling Fan(s)

Property Appliances: Disposal,Refrigerator

Cooling Features

Wall/Window Unit(s)

Air Conditioning

Heating Source

Wall Furnace

Has Heating

Building Information

Year Built: 1958

Building Area Total: 7,881

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.172

Lot Size Source: Assessor

Lot Size Square Feet: 7494

Listing Price Information

Original List Price: 4,995,000

Listing Contract Date: 2024-04-10

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 4292011018

Garage and Parking

Garage Description: Attached Carport

Attached Garage: Yes

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C14 - Santa Monica

Postal Code Plus 4: 3823

Directions: N of Wilshire, South of Montana

Zoning: SMR2*

Source Property Type: Residential Income

Area: C14 - Santa Monica

Building and Construction

Property Age: 66

Year Built Source: Vendor Enhanced

Total Square Feet Living: 7881

Levels or Stories: Two

Building Total Stories: 2

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1040 4th Street #112, Santa Monica, CA,90403 $699,900 1 -- 1,043 30025 Sqft
1128 15th Street #6, Santa Monica, CA,90403 $1,675,000 2 2 1,669 7506 Sqft
825 Ocean Avenue, Santa Monica, CA,90403 $7,999,000 20 20 6,593 11257 Sqft
825 Ocean Avenue, Santa Monica, CA,90403 $7,999,000 -- -- -- 11257 Sqft
135 Montana Avenue #1BD.., Santa Monica, CA,90403 $5,800 1 1 670 14998 Sqft
1019 6th Street, Santa Monica, CA,90403 $4,450,000 13 -- 7,764 7496 Sqft
101 California Avenue #.., Santa Monica, CA,90403 $899,000 1 1 674 18751 Sqft
930 15th Street #3, Santa Monica, CA,90403 $3,535,000 3 3 2,781 7511 Sqft
930 15th Street #2, Santa Monica, CA,90403 $3,570,000 3 3 2,704 7511 Sqft
519 California Avenue #.., Santa Monica, CA,90403 $1,478,000 2 2 1,266 11228 Sqft

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ByOwner last updated this listing 05/15/2024 @ 23:12

MLS: 24376265
LISTED BY: Scott Ammann, The Beverly Hills Estates
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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