$4,195,000
$100K PRICE DROP

844 5th St Santa Monica, CA 90403

Wilshire Montana Neighborhood

Estimated payment $27,052/month

Total Views 4,150
13 Beds
12 Baths
7,374 Sq Ft
$569 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Built-In Features
  • Roosevelt Elementary School Rated A+
  • Balcony
  • Laundry Facilities

About This Home

REDUCED $100k! Under 14x GRM. 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 13.9 GRM and 4.65 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.

Listing Agent

David Schuchman

Roque & Mark Company, Inc. License #01472937 Listed on: 05/15/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 7,519 Sq Ft Lot
  • Lot Dimensions are 50x150
  • East Facing Home
  • Gated Home

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 7,374 Sq Ft Home
  • 2-Story Property
  • Built-In Features

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Vinyl Plank

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 12 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 10 Parking Spaces
  • 7 Carport Spaces
  • Driveway

Outdoor Features

  • Balcony

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Central Water Heater
  • Sewer in Street

Community Details

  • 10 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 4292-016-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 7374
  • Lot Acreage: 0.1726
  • Lot Dimensions: 50x150
  • Stories: 2
  • Year Built: 1957
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Wood Laminate, Vinyl Plank
  • Bedrooms: 13
  • Laundry: Community
  • Laundry Equipment: Own
  • Total Bathrooms: 12.00
  • Equipment: Dishwasher, Built-Ins, Microwave, Garbage Disposal
  • Price Per S Q F T: 568.89

Exterior Features

  • Direction Faces: East
  • Other Features: Balcony
  • Other Structures: None
  • Paved: Yes
  • Pool: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 7
  • Other Spaces: 3
  • Parking Garage: Carport, Driveway
  • Total Parking: 10

Utilities

  • Water Heater: Central Water Heater
  • Heating: Wall
  • Security: Gated
  • Sewer: In Street
  • Water: District

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Assessor Parcel Number: 4292-016-009
  • Lot Size Area: 7519

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
  • Gross Rent Multiplier: 13.90
  • Number Of Units: 10
  • Rent Control: 100
  • Total Annual Expense: 98787
  • Type Of Units: Apartment
  • Vacancy Allow Percent: 2.00
  • Vacancy Rate: 5999

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $4,195,000 -2.3% $569 / Sq Ft
05/15/2025 05/15/25 For Sale $4,295,000 -- $582 / Sq Ft
Source: The MLS

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See All Homes in Santa Monica

Source: The MLS

MLS Number: 25539339

The MLS

California Los Angeles County Santa Monica 90403 Wilshire Montana

844 5th St, Santa Monica, CA

This home is located at 844 5th St, Santa Monica, CA 90403 and is currently priced at $4,195,000, approximately $568 per square foot. This property was built in 1957. 844 5th St is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Lincoln Middle School, and Santa Monica High School.

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Nearby Homes
David Schuchman
Listing Agent
David Schuchman
Section Image
Roque & Mark Company, Inc.
(424) 352-7919