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1017 5th StreetSanta Monica, CA 90403

For Sale

$4,995,000

Smart Buyer Rebate $49,950

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.

Listed by Scott Ammann

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License #01295980

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The Beverly Hills Estates

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310-869-1982

Last updated February 01, 2025

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Source: CRMLS #24376265

Listing Facts

  • TypeMulti-family
  • NeighborhoodWilshire-Montana
  • Bedrooms12
  • Days on Prevu514
  • Size7,881 sqft
  • Price per sqft$634

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/01/2024
Status changed to Active
$4,995,000
10/01/2024
Status changed to Removed from Feed
$4,995,000
09/17/2024
Status changed to Active
$4,995,000
09/17/2024
Status changed to Removed from Feed
$4,995,000
04/10/2024
Listed by The Beverly Hills Estates
$4,995,000

Property Details for 1017 5th Street

Exterior

Construction

  • Number Of Units Total: 11
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1958

Measurements

  • Building Area Total: 7,881
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,494
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,494
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $391,200.00

Taxes

  • Parcel Number: 4292011018

Interior

Features

  • Appliances: Disposal, Refrigerator
  • Interior Features: Ceiling Fan(s)

Measurements

  • Living Area: 7,881

Rooms

  • Bathrooms Total Integer: 11
  • Bedrooms Total: 12

Parking

Parking

  • Attached Garage: Yes
  • Carport Spaces: 9
  • Carport: Yes
  • Open Parking Spaces: 9
  • Parking Features: Attached Carport
  • Parking Total: 13

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Wall Furnace
  • Has Heating: Yes

Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.