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$ 4,995,000
Est. payment /mo
Active
1017 5th Street Santa Monica, CA 90403
7,881 SqFt
UPDATED:
12/17/2024 02:33 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,881 sqft
Price per Sqft $633
MLS Listing ID CL24376265
HOA Y/N No
Year Built 1958
Lot Size 7,494 Sqft
Acres 0.17
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.
Location
State CA
County Los Angeles
Area Listing
Zoning SMR2
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Building
New Construction No
Others
Tax ID 4292011018
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Listed by Scott Ammann • The Beverly Hills Estates