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1017 5th Street, Santa Monica, CA 90403 (MLS # 24376265)

Price $4,995,000
Status Active
Beds 12
Baths 11 Baths
Home size 7,881 sqft
Lot Size 7,493 sqft
Days on Market 35
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(s): Residential Income
Last Updated 4/11/2024 Year Built 1958
Community Santa Monica County Los Angeles

Additional Details

AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Disposal, Refrigerator
AREA Santa Monica
BUYER'S BROKERAGE COMPENSATION 2.000 %
GARAGE Attached Carport, Yes
HEAT Wall Furnace
INTERIOR Ceiling Fan(s)
LOT 7494 sq ft
PARKING Attached Carport
STORIES 2
ZONING SMR2*

Location

 

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Listed with The Beverly Hills Estates

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Based on information from California Regional Multiple Listing Service, Inc. as of 5/8/24 11:31 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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