Description
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 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.
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13BEDS
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0.17ACRES
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12BATHS
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01/2 BATHS
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7,374SQFT
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$582$/SQFT
School Ratings & Info
Description
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 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.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-21T12:43:13.04. 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.