1017 5th Street Santa Monica, CA ^$ 4,995,000

1017 5th Street

^$ 4,995,000

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Recently Listed

1017 5th Street

Santa Monica, CA, 90403

^$ 4,995,000

Bedrooms12 Baths11.0 Sq 7,881

Monthly Estimate*

^$ 34,892

Listed by The Beverly Hills Estates

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Multi-Family Home for sale in Santa Monica, CA

for $4,995,000 with 12 bedrooms and 11 full baths. This 7,881 square foot home was built in 1958 on a lot size of 0.172.

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.

Multi-Family Active

Price

^$ 4,995,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.172

Year Built

1958

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

24376265

Days on Market

Features

General

Interior Features CeilingFans

Heating WallFurnace

Cooling WallWindowUnits

Appliances Disposal Refrigerator

Zoning SMR2*

Year Built 1958

Stories 2

Levels Two

Gross Income 391200.0

County Los Angeles

Net Operating Income 272300.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage Y

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions N of Wilshire South of Montana

City Santa Monica

View Y/N N

Senior Community Y/N N

Open Parking Spaces 9.0

Total Units 11

MLS Area C14 - Santa Monica

Lot Size Square Feet 7494.0

Private Pool N

Waterfront Y/N N

Carport Spaces 9.0

Carport Y/N Y

Street Name 5th

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Exterior

Parking Features AttachedCarport

Total Parking 13.0

Lot Size Area 7494.0

Number of Buildings 1

Spa N

Building Area Total 7881.0

Lot Size Acres 0.172

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Street

Total Bedrooms 12

Electric On Property Y/N N

Total Baths 11

Internal Only

Street Number 1 1017

* Excluded Features

List By

The Beverly Hills Estates

Broker

(310) 869-1982

Phone

Affordability Calculator

$34,892

Per Month

Monthly Principal & Interest: $34,892
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Santa Monica, CA

Average List Price ^$3,802,425

Percent of Sale Price 24%

About Santa Monica, CA

92,541 Population

10% Since 2002

^$89,894 Median Income

42.46 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/11/2024	$4,995,000		Listed Price

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1017 5th Street, Santa Monica, CA, 90403 is a Multi-Family Home for sale at $4,995,000 with 7,881 sqft and a lot size of 0.172. 1017 5th Street has 12 bedrooms, 11.0 baths, and was built in 1958. The property's zip code is 90403 which is in Santa Monica, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1017 5th Street

Multi-Family Home for sale in Santa Monica, CA

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