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

1017 5th Street

^$ 4,995,000

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1017 5th Street

Santa Monica, CA, 90403

^$ 4,995,000

Studio Baths0.0 Sq 7,881

Monthly Estimate*

^$ 34,892

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Studio

Multi-Family Home for sale in Santa Monica, CA

for $4,995,000. This 7,881 square foot home was built in 1958 on a lot size of 0.17.

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

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.17

Year Built

1958

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

0024376265

Features

General

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Zoning SMR2*

Year Built 1958

Levels Two

County Los Angeles

Net Operating Income 272300.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Santa Monica

Buyer Agent Compensation 2.00

Senior Community Y/N No

MLS Area C14 - Santa Monica

Lot Size Square Feet 7494.0

Street Name 5th

Standard Status Active

Buyer Agent Compensation Type %

Interior

Kitchen Appliances Disposal Refrigerator

Total Stories 2

Air Conditioning Y/N Yes

Heating Y/N Yes

Street Suffix Street

Total Baths 0

Exterior

Parking Features Attached Carport

Lot Size Area 7494.0

Building Area Total 7881.0

Lot Size Acres 0.17

Lot Size Units Square Feet

Land Lease Type Fee

* Excluded Features

List By

Scott Ammann

Listing Agent

The Beverly Hills Estates

Broker

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 ^$3,884,680

Percent of Sale Price 22%

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.

793437 Elementary School

793428 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 0.17. 1017 5th Street is a studio with 0.0 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 Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 4/11/2024. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1017 5th Street

Multi-Family Home for sale in Santa Monica, CA

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