Traditional

844 5th Street

Santa Monica , CA 90403

MLS#: 25539339

$4,195,000

Status: Active
Listing number: 25539339
Listing provided by: Roque & Mark Company, Inc.
Listing agent phone: None
Last update: a month ago
On site: 2 months ago
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Property

Beds

13

Full Baths

None

1/2 Baths

None

Year Built

1957

Sq.Footage

7,374

REDUCED $100k! Under 14x GRM. This property can be purchased individually or with 917 5th St, 1 block away. Roque & Mark Co. is pleased to represent this amazing Santa Monica 10 unit property, just steps to Montana Ave and 5 blocks to the beach! Short walk to Palisades Beach park. Excellent unit mix consisting of (1) 3 beds+2 baths, (1) 2 bed+2 baths, and (8) 1 bed+ 1 bath. Most units have a private balcony. The property is fully occupied and currently offered at a 13.9 GRM and 4.65 CAP rate. 7 individual parking spaces and 10 if used as tandem. All soft-story retrofitting and balcony inspections have been completed. The property has copper plumbing, a newer roof, and most units have been luxuriously upgraded. Community laundry room. Subject to City of Santa Monica rent control.

Features & Amenities

Interior

  • Total Bedrooms

    13

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    N/A

  • Heating YN

    YES

  • Heating

    Wall Furnace

Exterior

  • Garage

    No

  • Parking

    Carport, Driveway

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Lot Size(acres)

    0.1726

  • Property Type

    Residential Income

  • Architectural Style

    Traditional

Price

  • Sales Price

    $4,195,000

  • Sq. Footage

    7, 374

  • Price/SqFt

    $568

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

  • Sewer

    Other

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Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of David Schuchman , Roque & Mark Company, Inc.

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REDUCED $100k! Under 14x GRM. This property can be purchased individually or with 917 5th St, 1 block away. Roque & Mark Co. is pleased to represent this amazing Santa Monica 10 unit property, just steps to Montana Ave and 5 blocks to the beach! Short walk to Palisades Beach park. Excellent unit mix consisting of (1) 3 beds+2 baths, (1) 2 bed+2 baths, and (8) 1 bed+ 1 bath. Most units have a private balcony. The property is fully occupied and currently offered at a 13.9 GRM and 4.65 CAP rate. 7 individual parking spaces and 10 if used as tandem. All soft-story retrofitting and balcony inspections have been completed. The property has copper plumbing, a newer roof, and most units have been luxuriously upgraded. Community laundry room. Subject to City of Santa Monica rent control.

844 5th Street

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