$4,995,000
Active
24 Days Online
12 Beds11 Baths7,881 SQFT
Active

1017 5th Street Santa Monica, CA 90403

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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 TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site24 Days
  • MLS StatusActive
  • MLS ID Number24376265
  • Home Size Source N/A
  • Year Built1958
  • Lot Size0.172 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Attached Carport
  • Parking Spaces 13
  • Number of Stories 22
  • Acreage 0.172
  • Attached Garage Yes
  • Zoning SMR2*
  • Listing Conditions Standard

Interior Features

  • Cooling Wall/ Window Unit(s)
  • Heating Wall Furnace
  • Appliances DisposalRefrigerator
  • Interior Ceiling Fan(s)

Community Features

  • Senior Community No
  • MLS Area C14 - Santa Monica

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Monthly Payment (Est.)

$27,179
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