844 5th St new Save Request In-Person Tour Request Virtual Tour
Santa Monica,CA 90403
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,374 sqft
Price per Sqft $582
MLS Listing ID 25539339
Style Traditional
Bedrooms 13
Year Built 1957
Lot Size 7,519 Sqft
Acres 0.1726
Property Sub-Type Multi-Family
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 Santa Monica
Zoning SMR2*
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Flooring Hardwood, Wood Laminate, Vinyl Plank
Equipment Dishwasher, Built-Ins, Microwave, Garbage Disposal
Laundry Community
Exterior
Parking Features Carport, Driveway
Garage Spaces 10.0
Pool None
Roof Type Composition
Building
Story 2
Sewer In Street
Water District
Architectural Style Traditional
Level or Stories One
Schools
School District Santa Monica-Malibu Unified School District
Others
Special Listing Condition Standard