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.
Property Details
Price:
$4,295,000
MLS #:
25539339
Status:
Active
Baths:
0
Address:
844 5th Street
Type:
Residential Income
Neighborhood:
c14santamonica
City:
Santa Monica
Listed Date:
May 15, 2025
State:
CA
ZIP:
90403
Lot Size:
7,519 sqft / 0.17 acres (approx)
Year Built:
1957
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Schools
Interior
Appliances
Dishwasher, Disposal, Microwave
Cooling
None
Flooring
Wood
Heating
Wall Furnace
Exterior
Parking Features
Carport, Driveway
Parking Spots
10.00
Pool Features
None
Roof
Composition
Security Features
Gated Community
Sewer
Other
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address844 5th Street Santa Monica CA
- AreaC14 – Santa Monica
- CitySanta Monica
- CountyLos Angeles
- Zip Code90403
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844 5th Street
Santa Monica, CA
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