1127 5Th St, Santa Monica, CA 90403

Description

A well-maintained 8-unit apartment community ideally located in one of Santa Monica's most sought-after and supply-constrained residential neighborhoods. Built in 1953 and coming to market for the first time in over 50 years, this offering represents a true generational ownership event a rare, pride-of-ownership asset in one of the most coveted and barrier-to-entry coastal markets in all of Southern California. Situated on a 7,492 square foot lot, the property totals 6,366 square feet of gross building area, averaging 796 square feet per unit across a single building. The asset features a diverse unit mix of one (1) studio, one (1) one bedroom, one bath unit, and six (6) ...