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844 5th Street, Santa Monica, CA 90403
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844 5th Street
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  • MLS#: 25539339 ( )
  • Street Address: 844 5th Street
  • Viewed: 2
  • Price: $4,195,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1957
  • Bldg sqft: 0
  • Days On Market: 43
  • Additional Information
  • County: LOS ANGELES
  • City: Santa Monica
  • Zipcode: 90403
  • Provided by: Roque & Mark Company, Inc.
  • Contact: David David
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Appliances
  1. Dishwasher
  2. Disposal
  3. Microwave
Architectural Style
  1. Traditional
Building Area Total
  1. 7374.00
Carport Spaces
  1. 7.00
Cooling
  1. None
Country
  1. US
Direction Faces
  1. East
Flooring
  1. Wood
Heating
  1. Wall Furnace
Laundry Features
  1. Community
Levels
  1. One
Netoperatingincome
  1. 195142.00
Parcel Number
  1. 4292016009
Parking Features
  1. Carport
  2. Driveway
Pool Features
  1. None
Postalcodeplus4
  1. 1348
Roof
  1. Composition
Security Features
  1. Gated Community
Sewer
  1. Other
Sourcesystemkey
  1. 25539339:CLAW
Totalexpenses
  1. 98787.00
Uncovered Spaces
  1. 3.00
Water Source
  1. Public
Year Built
  1. 1957
Zoning
  1. SMR2*