Property Description
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.
Get a detailed valuation report, schedule a tour or make an offer!
“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 Savings
$59,418
TurboHome Estimated Value
$3,803,100
$559 sqft
High Valuation
$3,993,255
$587/sqft
Normal Valuation
$3,803,100
$559/sqft
Low Valuation
$3,612,945
$531/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $559/sqft | $3,803,100 |
Get a detailed valuation report, schedule a tour or make an offer!
“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.”
Neighborhood
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Comparative Value
$3.56M
$3.65M
948 5th St, Santa Monica, CA 90403
Sale Price: $3,560,000
Selected Comparable
948 5th St, Santa Monica, CA 90403
List Price: $3,645,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT948 5th St, Santa Monica, CA 90403
List: $3,645,000
Listed: 10/28/2024
Area:6,803 sqft
Price/sqft:$536
Beds:10
Baths:9
Year Built:—
Lot Size:7,527
Comparable Properties
COMPARABLEChoose comps
948 5th St, Santa Monica, CA 90403
Sale: $3,560,000
1/28/2025 • 0.00 mi
Area:6,803 sqft
Price/sqft:$523
Beds:10
Baths:9
Year Built:—
Weight:100.0%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
948 5th St, Santa Monica, CA 90403 | $3,645,000 | 6,803 | $536 | 7,527 | — | 10/28/2024 | 10 | 9 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
948 5th St, Santa Monica, CA 90403 | $3,560,000 | 6,803 | $523 | 7,527 | 0.00 mi | 1/28/2025 | 10 | 9 | — | 100.0% |
Nearby Listings
5 similar properties within 5 miles

List Price: $3,800,000
1050 12th St, Santa Monica, CA 90403
10 bd 10 ba 7,068 sqft
TurboHome Est. Value:
$2,910,600

List Price: $3,500,000
2807 Highland Ave, Santa Monica, CA 90405
10 bd 10 ba 6,180 sqft
TurboHome Est. Value:
$3,081,200

List Price: $3,595,000
11938 Dorothy St, Los Angeles, CA 90049
10 bd 10 ba 5,788 sqft
TurboHome Est. Value:
$3,817,200
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