#24389477, Jonathan Taksa, Listing Office: Remax Commercial and Investment Realty
1017 5th St Santa Monica, CA 90403
Property details
About 1017 5th St
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.
Highlights
Summary
- MLS Number: 24376265
- MLS Name: CRMLS
- Office Name: The Beverly Hills Estates
- Office Phone: (310) 626-4248
- Listing Agent: Scott Ammann
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Last updated on: 2/5/2025, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,995,000
1017 5th St
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Price information
Property sales
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Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $795,442 | $11,199 |
2023 | $779,910 | $11,032 |
2022 | $764,683 | $10,884 |
2021 | $749,755 | $10,567 |
2020 | $738,822 | $10,388 |
2019 | $724,337 | $9,733 |
2018 | $710,135 | $9,637 |
2017 | $696,211 | $9,637 |
History based on county public records data.
Nearby schools
7
Roosevelt Elementary School
Public District KG-5
0.4 mi
•801 Montana Ave
8
Canyon Charter Elementary
Public Charter KG-5
1.0 mi
•421 Entrada Dr
9
Franklin Elementary School
Public District PK-5
1.4 mi
•2400 Montana Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,494. The most common annual income of people living in Santa Monica, CA is less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 1017 5th St
This home is located at 1017 5th St in Santa Monica, CA and zip code 90403 in the Wilshire / Montana neighborhood. This 7,881 square foot home, which was built in 1958, sits on a 0.17 acre lot. Features: 12 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $4,995,000.
While more than 13 listings in Santa Monica, CA in January 2025 were sold above asking price, there were more than 6 listings sold at asking price, and more than 22 were sold below. The inventory of homes for sale in Santa Monica, CA between December and January 2025 increased by 43%. In January 2025, listings were on the market for 55 days. During the same period, the median list price in this real estate market was $1,816,750.