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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$4,395,000

Est. payment - /mo

15 Beds

12 Baths

8,212 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 8,212 sqft

Price per Sqft $535

MLS Listing ID 25539283

Bedrooms 15

HOA Y/N No

Year Built 1959

Lot Size 7,496 Sqft

Property Description

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 fully occupied and 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.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate, Wood

Fireplace No

Appliance Dishwasher, Disposal, Microwave

Laundry Common Area

Exterior

Parking Features Carport, Door-Single, Garage

Garage Spaces 3.0

Garage Description 3.0

Pool None

Roof Type Composition

Porch Deck

Total Parking Spaces 11

Private Pool No

Building

Faces West

Story 2

Entry Level One

Sewer Other

Water Public

Architectural Style Traditional

Level or Stories One

New Construction No

Schools

School District Santa Monica-Malibu Unified

Others

Senior Community No

Tax ID 4292010020

Special Listing Condition Standard

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Listed by David Schuchman Roque & Mark Company, Inc.

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917 5th ST Santa Monica, CA 90403