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917 5th St

Santa Monica, CA 90403
  • $4,495,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 25539283
UPDATED: 68 min ago
$4,495,000
  • 15
    BEDS
  • 0.17
    ACRES
  • 12
    BATHS
  • 0
    1/2 BATHS
  • 8,212
    SQFT
  • $547
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1959
County:
Area:

Description

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 14.3 GRM and 4.54 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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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-15T16:43:05.043. 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.
www.searchdesertrealestate.com/homes/163864867
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917 5th St Santa Monica, CA 90403

  • Price: $4,495,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 68 min ago
  • MLS #: 25539283
15
Beds
12
Baths
0
½ Baths
0.17
Acres
8,212
SQFT
$547
$/SQFT
1959
Built
Neighborhood:
Santa Monica
County:
Los Angeles
Area:
Santa Monica
School District:
Santa Monica-Malibu Unified School District
Property Description
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 14.3 GRM and 4.54 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.
Exterior Features

Covered Parking 5 Cross Streets Idaho Ave and 5th St. Direction Faces West Levels One Lot Size Area 7496 Other Structures None Parking Garage CarportGarage - 1 Car Patio Features Deck(s) Paved YN Yes Pool Description None Pool YN No Roof Composition Spa None Spa YN No Style Traditional Total Parking 11

Interior Features

Cooling None Equipment Built-InsDishwasherGarbage DisposalMicrowaveHood Fan Flooring HardwoodLaminateWood LaminateVinyl Plank Foundation Details Pier and Beam Heating Wall Laundry Community Water Heater Features Central Water Heater

Property Features

Alley YN Yes Disclosures As Is Gross Income 314412 Gross Operating Income 308124 Land Lease Type Fee Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 203987.00 Number Of Buildings 1 Number Of Units 10 Owner Pays WaterGas Rent Control YN Yes Sale Type Standard Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Owner Tenant Pays GasElectricity Total Annual Expense 104137 Type Of Units Apartment Water District Year Built Source Vendor Enhanced Zoning SMR2*

Listing provided courtesy of David Schuchman DRE#01472937 of Roque & Mark Company, Inc.: 310-828-7525.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-15T16:43:05.043. 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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