Listed by David Schuchman of Roque & Mark Company, Inc. [email protected]
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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.
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Listing Snapshot
Price
$4,395,000
Days On Site
103 Days
Bedrooms
15
Inside Area (SqFt)
8,212 sqft
Total Baths
12
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1721 Acres
Year Built
1959
MLS® Number
25539283
Status
Active Under Contract
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
a month ago
Listing updated with changes from the MLS®
a month ago
Status changed to Active Under Contract
2 months ago
Price changed to $4,395,000
3 months ago
Listing first seen on site
General Features
Acres
0.1721
Direction Faces
West
Garage
Yes
Garage Spaces
3
Number Of Stories
2
Parking
CarportGarage
Parking Spaces
11
Sewer
Other
Special Circumstances
Standard
SqFt Total
8212
Stories
One
Style
Traditional
Water Source
Public
Zoning
SMR2*
Interior Features
Appliances
DishwasherDisposalMicrowave
Flooring
LaminateWood
Heating
Wall Furnace
Laundry Features
Common Area
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Exterior Features
Patio And Porch
Deck
Pool Features
None
Roof
Composition
Spa Features
None
Community Features
MLS Area
C14 - Santa Monica
School District
Santa Monica-Malibu Unified
Schools
School District
Santa Monica-Malibu Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.