1017 5Th Street

Santa Monica, CA 90403

$4,995,000

List Price

12

bed Beds

11

shower Baths

7,881 sqft

straighten / sqft

1958

calendar_month Built

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.

Listing Information

List Price $4,995,000
Status Active
MLS 24376265
Type Residential Income
Year Built 1958
Lot Size 7,494
Structure Size 7,881
DOM 125
Courtesy Of The Beverly Hills Estates
Listing Agent Scott Ammann DRE#01295980

Interior Features

Total Bedroom
Bedrooms 12
Total Bathroom
Bathrooms 11
Additional Information
Additional Features Ceiling Fan(s)
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Scott Ammann, The Beverly Hills Estates . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 13th, 2024 at 7:32 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.