844 5th ST new Save Request In-Person Tour Request Virtual Tour
Santa Monica,CA 90403
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,374 sqft
Price per Sqft $582
MLS Listing ID 25539339
Bedrooms 13
HOA Y/N No
Year Built 1957
Lot Size 7,518 Sqft
Property Description
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 14.3 GRM and 4.6 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.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Heating Wall Furnace
Cooling None
Flooring Wood
Fireplace No
Appliance Dishwasher,Disposal,Microwave
Laundry Common Area
Exterior
Parking Features Carport,Driveway
Carport Spaces 7
Pool None
Community Features Gated
Roof Type Composition
Total Parking Spaces 10
Private Pool No
Building
Faces East
Story 2
Entry Level One
Sewer Other
Water Public
Architectural Style Traditional
Level or Stories One
New Construction No
Schools
School District Santa Monica-Malibu Unified
Others
Senior Community No
Tax ID 4292016009
Security Features Gated Community
Special Listing Condition Standard