21 days on rocket

948 5th St, Santa Monica, CA, 90403

$3,645,000

10 Bedrooms
9 Baths
6,803 SqFt
$536/SqFt
House

Location

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Property Highlights

Home TypeOther
Attached Garage4 spaces
Year Built1937
HeatingCentral
CoolingNone
MLS #24458495
Lot Size0.17 Acres
StatusActive

About 948 5th St

Welcome to 948 5th Street, a charming 9-unit apartment building nestled in one of Santa Monica's most coveted neighborhoods. This well-maintained property features a unit mix of eight charming one-bedroom, one-bathroom units and one spacious two-bedroom, one-bathroom unit, catering to a variety of tenants. Situated just south of the prestigious Montana Avenue, residents enjoy the perfect blend of serene tree-lined streets and proximity to local amenities. With Palisades Park, boutique shops, and exquisite dining options just steps away, this location offers an unparalleled coastal lifestyle. The 5th Street Residences provide an excellent long term investment opportunity, in a platinum Santa Monica coastal neighborhood, as well as pride of ownership.

Property Details

Property Features

Property Information:

  • Year Built: 1937
  • Stories: 2
  • Living Area: 6,803 SqFt

Listing Office:

  • Office Name: Miller & Desatnik Realty Co.
  • Office Phone: (310) 202-9166
  • Listing Agent: Glenn Brander

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 10

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: None

Other

Directions Information:

  • Directions: South of Idaho, West of Lincoln

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,645,000
  • Price Per SqFt: $536/SqFt

Tax Information:

  • Annual Amount: $46,504
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Santa Monica, CA.

Med. Sold Price

$1.8M

Med. Price/SqFt

$1,106

Avg. Days On Market

41

# of Sold Homes

62

948 5th St vs Santa Monica

21 DAYS ON ROCKET

-20 Days

$3,645,000

+$1.8M More

$536/SqFt

-$570 Less

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $570/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: #24458495

Listing Office:

  • Office Name: Miller & Desatnik Realty Co.
  • Office Phone: (310) 202-9166
  • Listing Agent: Glenn Brander

IDX 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: 11/21/2024, 2:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 13, 2013Home Sold
$3,400,000
Apr 20, 2006Home Sold
$2,300,000

Tax History

YEARPROP. TAXASSESSMENT
2021$46,504$3,851,031
2020$45,742$3,811,040
2019$43,034$3,736,315
2018$42,820$3,663,055
2017$42,820$3,591,231

History based on county public records data.

Payment Calculator

$18.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.9K

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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.

Nearby Schools

school-card-donut-325162
7
/10
  • Roosevelt Elementary School

  • 801 Montana Ave

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-325163
8
/10
  • Canyon Charter Elementary

  • 421 Entrada Dr

  • 0.88 miles

  • Public Charter Grades KG-5

school-card-donut-325164
9
/10
  • Franklin Elementary School

  • 2400 Montana Ave

  • 1.48 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,143. The most common annual income of people living in Santa Monica, CA is less than $35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 948 5th St

What is the listing price of this property?

The listing price of 948 5th St property is $3,645,000.

What type of property is this?

The property 948 5th St is a house located in Santa Monica, California, 90403.

Is this property for sale now?

Active Listing: 948 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 $46,504 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 13, 2013 for $3,400,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 948 5th St has 10 bedrooms and 9 bathrooms.

What is the square footage of this property?

The property 948 5th St is 6,803 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 948 5th St is 1937.
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Rocket HomesCaliforniaLos Angeles CountySanta Monica90403948 5th St

This home is located at 948 5th St in Santa Monica, CA and zip code 90403 in the Wilshire / Montana neighborhood. This 6,803 square foot home, which was built in 1937, sits on a 0.17 acre lot. Features: 10 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $3,645,000.

In October 2024 more than 22 listings in Santa Monica, CA were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 33 were sold below. The number of homes for sale in Santa Monica, CA increased by 14% between September 2024 and October 2024. In October 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $1,840,000.

From Rocket Homes Real Estate and based on county public records data.

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