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.
Property Details
Property Features
Property Information:
Year Built: 1958
Stories: 2
Living Area: 7,881 SqFt
Listing Office:
Office Name: The Beverly Hills Estates
Office Phone: (310) 626-4248
Listing Agent: Scott Ammann
Interior Features
Interior Information:
Appliances: Disposal, Refrigerator
Interior: Ceiling Fan(s)
Bedroom and Bathroom Information:
Total Bedroom Count: 12
Exterior Features
Parking Information:
Attached Garage: Yes
Parking: Attached Carport
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: Wall/Window Unit(s)
Other
Directions Information:
Directions: N of Wilshire, South of Montana
Price Information
Listing Price Info
Price Summary:
List Price: $4,995,000
Price Per SqFt: $634/SqFt
Tax Information:
Annual Amount: $10,568
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Santa Monica, CA.
This property is $3.0M more than the Median Sold Price and $472/SqFt less than other homes in Santa Monica, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24376265
Listing Office:
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.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 9:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$10,568
$749,755
2020
$10,388
$738,822
2019
$9,733
$724,337
2018
$9,637
$710,135
2017
$9,637
$696,211
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Roosevelt Elementary School
801 Montana Ave
Distance between this listing and this school0.43 miles
Public District Grades KG-5
8
/10
Canyon Charter Elementary
421 Entrada Dr
Distance between this listing and this school0.96 miles
Public Charter Grades KG-5
9
/10
Franklin Elementary School
2400 Montana Ave
Distance between this listing and this school1.45 miles
Public District Grades PK-5
Nearby Schools
8
/10
Lincoln Middle School
1501 CA Ave
Distance between this listing and this school0.74 miles
Public District Grades 6-8
9
/10
Santa Monica Alternative (K-8)
2525 5th St
Distance between this listing and this school1.59 miles
Public District Grades KG-8
7
/10
John Adams Middle School
2425 16th St
Distance between this listing and this school1.85 miles
Public District Grades 6-8
Nearby Schools
9
/10
Santa Monica High School
601 Pico Blvd
Distance between this listing and this school1.11 miles
Public District Grades 9-12
2
/10
Olympic High (Continuation)
721 Ocean Park Blvd
Distance between this listing and this school1.68 miles
Public District Grades 9-12
8
/10
Palisades Charter High School
15777 Bowdoin St
Distance between this listing and this school2.51 miles
The neighbors living near this home have an average income of $61,494. Most Santa Monica, CA residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1017 5th St
What is the listing price of this property?
The listing price of 1017 5th St property is $4,995,000.
What type of property is this?
The property 1017 5th St is a house located in Santa Monica, California, 90403.
Is this property for sale now?
Active Listing: 1017 5th St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $10,568 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1017 5th St has 12 bedrooms and 11 bathrooms.
What is the square footage of this property?
The property 1017 5th St is 7,881 SqFt (source: MLS/tax record).
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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.
In November 2024, from all listings sold in Santa Monica, CA there were more than 12 sold above asking price, over 24 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in Santa Monica, CA between October 2024 and November 2024 decreased by 4.4%. While the average time on the market in November 2024 was 33 days, the median list price was $1,898,147.
From Rocket Homes Real Estate and based on county public records data.
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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