Overview
- 13
- 12
- 7374
- 1957
Description
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.
Address
Open on Google Maps- Address 5th
- City Santa Monica
- State/county Los Angeles
- Zip/Postal Code 90403
Details
Updated on October 10, 2025 at 10:06 am- Property ID: HZ25539339
- Price: $4,195,000
- Property Size: 7374 Sq Ft
- Bedrooms: 13
- Bathrooms: 12
- Year Built: 1957
- Property Status: ResidentialIncome
- Listed by: David Schuchman
- DRE #: 01472937
- Contact Mail: david@roque-mark.com
- Brokered by: Roque & Mark Company, Inc.
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