1024 5th, a 1969 low-rise in Santa Monica.
1024 5th is a 10-residence boutique building in Santa Monica. It was completed in 1969 and rises two stories.
Contact a Condos of LA advisor for current availability, pricing, and a private tour of 1024 5th.
Condos for sale & rent at 1024 5th
Listings update automatically from the MLS. Availability and pricing are provided by the listing brokerages.
Recent sales at 1024 5th
| Date | Residence | Beds/Baths | Sq Ft | Sale price | $/Sq Ft | HOA dues |
|---|---|---|---|---|---|---|
| Apr 2024 | 10 | 2 bd · 2 ba | 904 | $925,000 | $1,023 | $410/mo |
| Dec 2022 | 3 | 2 bd · 2 ba | 945 | $971,000 | $1,028 | $380/mo |
Closed sales at 1024 5th from MLS records.
What to know before you buy at 1024 5th
The details that make or break a condo decision: current HOA dues and what they cover, parking, and the building's pet & leasing rules. Our advisors pull these straight from the building's HOA documents for any residence you're weighing.
Learn moreCompiled from public sources · last reviewed July 2026. We confirm current dues, reserves, lender and policy details for any residence you're considering.
Can you finance a condo at 1024 5th?
1024 5th has 10 residences, per our records. That's small enough that a conventional loan may qualify for a Fannie Mae or Freddie Mac project review waiver, open to 2 to 10 unit buildings since March 18, 2026, as long as the building isn't flagged and the insurance meets the rules. At 10 units, it also can't be part of a master association for the waiver to apply.
The 15% reserve test arriving January 4, 2027 is part of the Full Review, which a building this size may not need. Lenders can add their own requirements, and the unit count decides the path, so confirm it with the HOA.
SB 326 calls for a licensed inspection of wood-supported balconies, decks and stairs in buildings with 3 or more attached units. If 1024 5th has them, the latest report has been part of the resale package since January 1, 2026, and a failed report may matter to a lender. SB 326, explained.
Conventional loans go up to $1,249,125 in LA County in 2026. Above that, a jumbo lender applies its own condo rules, and a non-QM loan, built for buildings or buyers outside agency rules, typically means more down and a higher rate.
Tell us which residence you're weighing. Tyler or Michael will follow up personally with what to request from the HOA and what we find in it.
Get a building check for 1024 5thBackground: what warrantable and non-warrantable mean, and how the 2027 condo loan rules work.
General information as of October 27, 2026, not lending advice. Lenders apply their own rules, and only a lender's review decides whether a loan works at 1024 5th.
In the heart of Santa Monica
1024 5th places you at the center of Santa Monica, with the neighborhood's dining, shopping and character just outside your door and the rest of Los Angeles within easy reach.