See all 20 photos
$4,995,000
Est. payment /mo
12 BD
11 BA
7,881 SqFt
Active
1017 5th ST Santa Monica, CA 90403
UPDATED:
10/17/2024 08:49 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,881 sqft
Price per Sqft $633
MLS Listing ID 24376265
Bedrooms 12
HOA Y/N No
Year Built 1958
Lot Size 7,492 Sqft
Acres 0.172
Property Description
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.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Disposal, Refrigerator
Exterior
Garage Attached Carport
Carport Spaces 9
Parking Type Attached Carport
Attached Garage Yes
Total Parking Spaces 13
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4292011018
Special Listing Condition Standard
Listed by Scott Ammann • The Beverly Hills Estates