Santa Monica, CA 90403,844 5th Street
Santa Monica, CA 90403,844 5th Street
Santa Monica, CA 90403,844 5th Street
Santa Monica, CA 90403,844 5th Street
Santa Monica, CA 90403,844 5th Street
Santa Monica, CA 90403,844 5th Street
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$ 4,295,000
Est. payment | /mo

7,374 SqFt


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$ 4,295,000
Est. payment | /mo
Save

7,374 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,374 sqft

Price per Sqft $582

MLS Listing ID CL25539339

HOA Y/N No

Year Built 1957

Lot Size 7,519 Sqft

Acres 0.17

Property Sub-Type Other

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

Zoning SMR2

Interior

Heating Wall Furnace

Cooling None

Flooring Wood

Fireplace No

Laundry Community Facility

Exterior

Utilities Available Other Water/Sewer

Building

Water Public, Other

New Construction No

Others

Tax ID 4292016009

Bridge MLS
Listed by David Schuchman • Roque & Mark Company, Inc.
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844 5th Street