833 5Th Street

Santa Monica, CA 90403

$12,000,000

List Price

35

bed Beds

37

shower Baths

20,896 sqft

straighten / sqft

1964

calendar_month Built

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.

Listing Information

List Price $12,000,000
Status Active
MLS 24438047
Type Residential Income
Year Built 1964
Lot Size 15,010
Structure Size 20,896
DOM 9
Courtesy Of Lambert Investments, Inc.
Listing Agent Francyne Lambert DRE#00827267
Co-Listing Agent Carl Lambert DRE#00860625

Interior Features

Total Bedroom
Bedrooms 35
Total Bathroom
Bathrooms 37
Additional Information
Additional Features Ceiling Fan(s)
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Francyne Lambert, Carl Lambert, Lambert Investments, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:04 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.