917 5th St

REDUCED $100k!

Under 14x GRM. 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 currently offered at a 13.9 GRM and 4.65 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.

This home located at 917 5th St is currently active and has been available on pardeeproperties.com for 55 days. This property is listed at $4,395,000. It has 15 beds and 12 bathrooms. The property was built in 1959. 917 5th St is in the Santa Monica community of Los Angeles County.

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