1248 5th St

Santa Monica, CA 90401

Lee & Associates Los Angeles West Inc.

Sales Price $50,000,000

Beds

0

Baths

0

Home Size

33294 Sq. Ft.

Lot Size

37501 Sq. Ft.

Request a Showing

When would you like to see it?

Hidden
MM slash DD slash YYYY
Select a date
Feb 24Sat
Feb 25Sun
Feb 26Mon
Feb 27Tue
Feb 28Wed
Feb 29Thu
Mar 01Fri
Mar 02Sat
Mar 03Sun
Mar 04Mon
Mar 05Tue
Mar 06Wed
Mar 07Thu
Mar 08Fri
Mar 09Sat
Mar 10Sun

Step 1 of 2

Next Step

Lee & Associates Los Angeles West Inc.

& Bond Street Partners, acting as the exclusive advisor, are pleased to present the investment opportunity to acquire the 100% fee simple interest in 1248 5th Street, known as the Santa Monica Post Office. This iconic property offers an unprecedented opportunity to capitalize on Santa Monica's March 2023 Housing Element update to build 157 luxury residences anchored by 32,900 square feet of existing, architecturally stunning retail in the heart of Downtown Santa Monica. With its multi-level design, this two-story, historical building stands as a remarkable landmark and perfect jewel box owner-user compound with development potential. Its enviable location provides immediate access to a vibrant technology and creative community, prestigious shops, renowned restaurants, nightlife, and attractions, ensuring strong rental absorption and retail fundamentals. Boasting meticulously preserved interiors that exude an air of sophistication and charm, this space is truly unrivaled and ready for an investor to reinvent the asset into a world-class destination. Visit www.santamonicapostoffice.com for more information.

This home located at 1248 5th St is currently active and has been available on pardeeproperties.com for 1 days. This property is listed at $50,000,000. It has 0 beds and 0 bathrooms. The property was built in 1938. 1248 5th St is in the Santa Monica community of Los Angeles County.

Highlights

  • 1 day on market
  • Built in 1938
  • Total parking spaces 87Car
  • Community | Santa Monica
  • MLS# | 24-355773
Connect with an agent
Chloe Misisco
(26)

Chloe Misisco

Partner | DRE #02094234

Listed By Conor Halloran · Lee & Associates Los Angeles West Inc.

Explore Santa Monica, CA

A city of its own, Santa Monica is a resort town located on the Pacific Ocean that boasts some of Los Angeles’ finest cuisine and nightlife.

Similar Listings

Property Photo from MLS

1533 11th St #a

Santa Monica, CA 90401

Bed

2

Bath

3

Sq Ft.

1570

Price

$1,725,000

New Listing!
Property Photo from MLS

1244 6th St

Santa Monica, CA 90401

Bed

0

Bath

0

Sq Ft.

4601

Price

$6,500,000

For Lease!
In Escrow
Property Photo from MLS

1755 Ocean Ave #402

Santa Monica, CA 90401

Bed

2

Bath

3

Sq Ft.

1560

Price

$7,995/mo

Back to Search Results

Join the PARDEE
to see details

Subscribe to our weekly newsletter
Hidden
Hidden