1017 5th Street, Santa Monica

$4,995,000

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4 Beds
5 Baths
7,881 Sqft
.17 Acre
0 Garage

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.

Essential Information

MLS® #
24376265
Price
$4,995,000
Bedrooms
4
Bathrooms
5.00
Square Footage
7,881
Acres
0.17
Year Built
1958
Type
Residential Income
Status
Active

Community Information

Address
1017 5th Street
Area
C14 - Santa Monica
City
Santa Monica
County
Los Angeles
Zip Code
90403
Senior Community
N

Amenities

Parking Spaces
13
Parking
Attached Carport
Garages
Attached Carport

Interior

Interior Features
Ceiling Fan(s)
Appliances
Disposal, Refrigerator
Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
# of Stories
2
Stories
Two

Additional Information

Date Listed
April 10th, 2024
Days on Market
37
Zoning
SMR2*

Listing Details

Agent
Scott Ammann
Office
The Beverly Hills Estates

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Based on information from California Regional Multiple Listing Service, Inc. as of May 17th, 2024 at 5:15am PDT. 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, 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.