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 Details
Price:
$4,995,000
MLS #:
24376265
Status:
Active
Baths:
0
Address:
1017 5th Street
Type:
Residential Income
Neighborhood:
c14santamonica
City:
Santa Monica
Listed Date:
Apr 10, 2024
State:
CA
ZIP:
90403
Lot Size:
7,494 sqft / 0.17 acres (approx)
Year Built:
1958
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Schools
Interior
Appliances
Disposal, Refrigerator
Cooling
Wall/ Window Unit(s)
Heating
Wall Furnace
Interior Features
Ceiling Fan(s)
Exterior
Parking Features
Attached Carport
Parking Spots
13.00
Stories Total
2
Financial
Map
Community
- Address1017 5th Street Santa Monica CA
- AreaC14 – Santa Monica
- CitySanta Monica
- CountyLos Angeles
- Zip Code90403
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Courtesy of The Beverly Hills Estates. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.1017 5th Street
Santa Monica, CA
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