Santa Monica, CA 90403 917 5th Street
$4,495,000
15 more
Presented By: David Schuchman with Roque & Mark Company, Inc.;
Beds • 15
Baths • 12
SQFT • 8,212
Garage • 3
Year Built • 1959
Home Details
This property can be purchased individually or with 844 5th St, 1 block away. Roque & Mark Co. is pleased to represent this incredible Santa Monica 10 unit property, just steps to Montana Ave and 5 blocks to the beach! Excellent unit mix consisting of (2) 2 beds+2 baths, (2) 2 beds+1 bath, and (6) 1 bed+1 bath. Most units have a private balcony. The property is fully occupied and currently offered at a 14.3 GRM and 4.54 CAP rate. 8 individual parking spaces and 11 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. Subject to City of Santa Monica rent control.
Presented By: David Schuchman with Roque & Mark Company, Inc.;
Interior Features for 917 5th Street
Bedrooms
Total Bedrooms15
Bathrooms
Half Baths0
Total Baths12
1/4 Baths
3/4 Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
FlooringLaminate, Wood
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
General for 917 5th Street
Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Microwave
Architectural StyleTraditional
Attached Garage No
Cap Rate4.55
Carport Y/NYes
CitySanta Monica
CoolingNone
CountyLos Angeles
DirectionsNorth of Wilshire Blvd on 5th St.
Electric On Property Y/NNo
Facing DirectionWest
Full Baths
Garage Spaces3.0
Garage Y/NYes
Gross Income314412.0
HOANo
HeatingWallFurnace
High School DistrictSanta Monica-Malibu Unified
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet7496.0
Lot Size UnitsSquareFeet
MLS AreaC14 - Santa Monica
MobileHomeRemainsYNNo
Net Operating Income203987.0
New ConstructionNo
Number Of Units Total10
Open Parking Spaces3.0
Patio/Porch FeaturesDeck
Pool FeaturesNone
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tenant PaysElectricity, Gas
Year Built1959
ZoningSMR2*
Exterior for 917 5th Street
Building Area Total8212.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50x150
Lot Size Acres0.1721
Lot Size Area7496.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesCarport, DoorSingle, Garage
Private PoolNo
SpaNo
Total Parking11.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Keegan Cin
Team Lead
