1017 5th Street
$4,995,000
12
11
7,881
7,881
$634
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...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.
- Listed by Scott Ammann • DRE #01295980 • Brokerage DRE #01993345 • The Beverly Hills Estates
Property Details for 1017 5th Street
Zoning
SMR2*
Parcel Number4292011018
Total Units11.0
Living Area7881
Source Living AreaVendor Enhanced
AreaSanta Monica (C14)
Vacancy Rate81%
Lot Size Area7494
LISTING UPDATED: 10/30/2024 03:00 PM
Property Details for 1017 5th Street
Status | Active |
---|---|
MLS # | 24-376265 |
Days on Market | 205 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1958 |
Lot Size | 0.17 AC / 7,494 SF |
County | Los Angeles County |
Building Information for 1017 5th Street
Stories2Residences-Year Built1958Building Size-Lot Size0.17 AC / 7,494 SF
Property Information for 1017 5th Street
Property History for 1017 5th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1017 5th Street
Taxable ValueLand$361,550Additions$433,892Total$795,442
Tax Record2024$11,200 ($933 / month)
Home Facts
Total Finished SqFt7,881 SqFtAbove Grade Finished SqFt7,881 SqFtLot Size7,494 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningSMR2*CountyLOS ANGELESAPN4292-011-018
Schools near 1017 5th Street
This home is within Santa Monica-Malibu Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Roosevelt Elementary School PublicK to 5 | ||
Lincoln Middle School Public6 to 8 | ||
Santa Monica High School Public9 to 12 | ||
Santa Monica Alternative (K-8) School PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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