833 5th St, Santa Monica, CA 90403 - View 1
833 5th St, Santa Monica, CA 90403 - View 2
833 5th St, Santa Monica, CA 90403 - View 3

833 5th St, Santa Monica, CA 90403

Sale Price: $9,000,000
Sep 10, 202420,896 sqft35 beds37 baths
Listed by: Francyne Lambert
License #: 00827267
Phone #: 310-453-9656
Lambert Investments, Inc.
Source:
CRMLS Logo
MLS #: 24438047

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$89,667

TurboHome Estimated Value

$8,486,400

$406 sqft

High Valuation
$8,910,720
$426/sqft
Normal Valuation
$8,486,400
$406/sqft
Low Valuation
$8,062,080
$386/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$406/sqft$8,486,400

Neighborhood

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Comparative Value

$9.00M

$10.99M

833 5th St, Santa Monica, CA 90403

Sale Price: $9,000,000

Selected Comparable

833 5th St, Santa Monica, CA 90403

List Price: $10,995,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
833 5th St, Santa Monica, CA 90403

833 5th St, Santa Monica, CA 90403

List: $10,995,000

Listed: 9/10/2024

Area:20,896 sqft
Price/sqft:$526
Beds:35
Baths:37
Year Built:
Lot Size:15,010

Comparable Properties

COMPARABLE
Choose comps
833 5th St, Santa Monica, CA 90403

833 5th St, Santa Monica, CA 90403

Sale: $9,000,000

3/21/20250.00 mi

Area:20,896 sqft
Price/sqft:$431
Beds:35
Baths:37
Year Built:
Weight:100.0%

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