1248 5th St, Santa Monica, CA 90406
Two-story historic building with existing retail space and a residential redevelopment concept.
Property Features for 1248 5th St
General Information
Building Details
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Los Angeles - West
Investment Insights
Based on property information with market context.
The property is situated in Downtown Santa Monica, near shops, restaurants, nightlife, and other attractions, with access to the area’s technology and creative community. A March 2023 Housing Element update is cited as the basis for a concept to develop 157 residences above or alongside the existing retail component. The offering comprises the 100% fee simple interest in the property.
Key Highlights
- 32,900 square feet of existing retail space
- Concept for 157 residences under Santa Monica’s March 2023 Housing Element update
- Two‑story historic building with preserved interior details
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Market
Vacancy Rate% for Retail in West region