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… Read More 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. Read Less
Property listed by Roque & Mark Company, Inc., David Schuchman 310-828-7525
Listing Snapshot
Days Online
7
Last Updated
Property Type
Other
Beds
13
Square Ft.
7,374
Lot Size
0.17 Acres
Year Built
1957
MLS Number
25539339
30 Days Snapshot Of 90403
$2.00M
-25%
(avg) sold price
11
-45%
homes sold
48
-32%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Microwave
Building
Built in 1957, Building area total: 7,374, Levels: One, Living area: 7374, 1 story, 1 building, Architectural style: Traditional
Community
Gated
Cooling
None
Floors
Wood
Heating
WallFurnace
Income
Gross income: $299,928, Net operating income: $193,942
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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