Inside SaMo's New Luxury Apartments, Starting at $2,700 Month [PHOTOS]

Modern appliances, hard wood floors and views of downtown come at a cost.

At NMS Properties' newest upscale apartment building at the corner of Fifth Street and Santa Monica Boulevard, one- and two-bedroom apartments are renting for between $2,700 and $4,740 a month. Leasing a penthouse requires a $1,500 to $3,095 deposit and monthly rent of between $3,095 and $5,874.

The 50-unit building is within walking distance to the beach, popular restaurants and the Third Street Promenade. Amenities include complimentary Wi-Fi in the courtyard, concierge dry cleaning and personal bike racks.

"With our current leasing specials, we expect 100 percent occupancy before February," said Jim Andersen, president of NMS Properties.

NMS Properties, Inc. is a privately owned real estate development and management firm with 20 properties in Santa Monica.

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