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$10,995,000
Est. payment /mo
20,896 SqFt
UPDATED:
11/15/2024 01:27 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 20,896 sqft
Price per Sqft $526
MLS Listing ID CL24438047
HOA Y/N No
Year Built 1964
Lot Size 0.345 Acres
Acres 0.34
Property Description
This prime Santa Monica property, located on 5th Street just off of Montana Avenue, is a 24-unit apartment complex. The property features a desirable unit mix, including 2 singles, 10 one-bedroom/one-bath units, 11 two-bedroom/two-bath units, and a spacious three-bedroom/three-bath unit. Residents will enjoy spacious open floor plans, ample parking with over 30 spaces, and convenient amenities like laundry rooms on each floor, a refreshing pool, all copper plumbing and new solar panels. The property's elevator provides easy access to all three floors. Walk and bike everywhere. This prime location, just five blocks from the beach, is walking distance to Montana Avenue with easy access to a variety of restaurants, shops, and entertainment options. Additionally, the property is situated within the highly sought-after Santa Monica School District and is conveniently located near neighboring West Los Angeles communities, including Brentwood, Pacific Palisades, Venice Beach, and Marina del Rey. This well-established property has been built, owned and operated by the same family for decades. Roof and elevator are older. PLEASE DO NOT DISTURB TENANTS.
Location
State CA
County Los Angeles
Area Listing
Zoning SMR2
Interior
Heating Natural Gas
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 4292009027
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Listed by Francyne Lambert • Lambert Investments, Inc.
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122