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Sold for $9,000,000 · Mar 2025

SOLD

Listed at $10,995,000

Sold

833 5th Street, Santa Monica, CA 90403

Santa Monica, CA

MLS# 24438047

20,896 Sq Ft • Property35bd • 37ba
73 days on market

Listing Agent

Francyne Lambert

Listing Agent

Lambert Investments, Inc.

DRE #: 00827267

Brokerage: Lambert Investments, Inc.

Property Details

35

Bedrooms

37

Bathrooms

20,896 sqft

Square Feet

1964

Year Built

0.34 acres

Lot Size

$431

Price/Sq Ft

7

Garage Spaces

N/A

HOA

Property

Property Type

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 description from the March 2025 sale, as reported to CRMLS.

Facts & Features

Details

Cooling
None
Heating
NaturalGas

Sale history for 833 5th Street

1 recorded sale

$9,000,000
Sold March 2025 · listed $10,995,000, orig. $12,000,000, on market September 2024, 73 days on market · MLS #24438047 · Source: CRMLS
Listing Agent: Francyne Lambert · Listing Office: Lambert Investments, Inc. · Contact: 310-453-9656 · Bought with: Francyne Lambert · Lambert Investments, Inc.

How this sale compares

833 5th Street sold for $9,000,000 in March 2025, 18% under its $10,995,000 list price, after 73 days on the market. It was first listed at $12,000,000. That works out to $431 per square foot on 20,896 square feet. Across 102 closed sales in 90403 over the last 12 months, the median sold price is $1,721,000 and the median is $985 per square foot, 129% above this sale's $431.

$431
This sale, per sq ft
$985
90403 median per sq ft (12 mo)
$1,721,000
90403 median sold price (12 mo)
102
Closed sales in 90403 (12 mo)
73
Days on market
−18%
Sold vs. list price
QuarterClosed sales in 90403Median sold price
Q1 20264$1,552,500
Q2 202650$1,575,000
Q3 202637$1,865,000
Q4 202611$1,695,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Santa Monica · Homes for sale in 90403

Recent sales near 833 5th Street

Closed sales reported in 90403, nearest first, last 12 months. All recent sales in Santa Monica →

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