34.02244 -118.49979

1017 5th St Santa Monica, CA 90403

330067465 34.02244 -118.49979 213 /listing/330067465-150284439/1017-5th-st-santa-monica-ca-90403 False 0 6495000.0 7881 105 12 11 23-273071 False
  • $6,495,000
  • 12 bd
  • 11 ba
  • 7,881 sqft
  • 7,494 lot
  • Est payment $34866.56/mo

Property Information

  1. 12 Beds
  2. 11 Baths
  3. 7,881 Sq. Ft.
  4. 7,494 Lot

Multi-Family in Santa Monica

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 walking distance to Montana Ave, The Third Street Promenade, The Santa Monica Pier and the beach. Soft story retrofit has been completed.

Courtesy Of The Beverly Hills Estates

Main Features

  • Listing Status: Active
  • Year Built: 1958
  • Floors: 2
  • County: Los Angeles
  • Units: 11
  • Zoning: SMR2*
  • MLS Number:23-273071

Additional Features

  • Cooling:
    • Wall/Window
  • Disclosures:
    • None
  • Unit 1 Furnished:
    • No
  • Unit 2 Furnished:
    • No
  • Unit 3 Furnished:
    • No
  • Unit 4 Furnished:
    • No
  • Other Structures:
    • None
  • Carport Spaces:
    • 9
  • Covered Parking:
    • 4
  • Parking:
    • Carport Attached
  • Parking Spaces:
    • 13
  • Heating:
    • Wall
  • Number of Buildings:
    • 1
  • Board:
    • The Combined Los Angeles/Westside MLS
  • Gross Income:
    • 391200
  • Net Operating Income:
    • 272300.00
  • Special Conditions:
    • Standard
  • Cap Rate:
    • 4.20
  • Expenses:
    • 116500
  • Gross Operating Income:
    • 388800
  • Listing Agent License Number:
    • 01295980
  • Lot Size Area:
    • 7494
  • LP Per SQFT:
    • 824.13
  • Other Equipment:
    • Ceiling Fan
    • Freezer
    • Garbage Disposal
    • Range/Oven
    • Refrigerator
  • Total Acres:
    • 0.1720
  • Unit 1 Bathrooms:
    • 1.00
  • Unit 1 Bedrooms:
    • 2
  • Unit 1 Rent:
    • 0.00
  • Unit 1 Total Units:
    • 3
  • Unit 2 Bathrooms:
    • 1.00
  • Unit 2 Bedrooms:
    • 1
  • Unit 2 Rent:
    • 0.00
  • Unit 2 Total Units:
    • 4
  • Unit 3 Bathrooms:
    • 1.00
  • Unit 3 Bedrooms:
    • 1
  • Unit 3 Rent:
    • 2000.00
  • Unit 3 Total Units:
    • 2
  • Unit 4 Bathrooms:
    • 1.00
  • Unit 4 Bedrooms:
    • 0
  • Unit 4 Rent:
    • 0.00
Neighborhood info courtesy of Homes.com © 2023

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.

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34.02244 -118.49979

1017 5th St Santa Monica, CA 90403

330067465 34.02244 -118.49979 213 /listing/330067465-150284439/1017-5th-st-santa-monica-ca-90403 False 0 6495000.0 7881 105 12 11 23-273071 False
  • $6,495,000
  • 12 bd
  • 11 ba
  • 7,881 sqft
  • 7,494 lot
  • Est payment $34866.56/mo