848 5th Street
Santa Monica, CA 90403
4
Bed
5
Bath
7,492Sqft(Lot)
The Fifth & Montana is a 10-unit multifamily property located at 848 5th Street in Santa Monica's Wilshire-Montana neighborhood, approximately one block south of Montana Avenue. The property offers strong in-place income, 12 parking spaces for 10 units, and approximately 11.8% rental upside. Current NOI is estimated at approximately $225,450, with a 5.53% current cap rate. At market rents, projected NOI is approximately $263,211 with a projected 6.46% market cap rate. Built in 1956, the two-building property comprises approximately 7,192 square feet on an approximately 7,492-square-foot lot. The unit mix includes three studios, six one-bedroom units, and one three-bedroom, three-bath unit. Parking consists of seven subterranean spaces and five rear alley garage spaces, providing appro
Property Details
Map
Map
What's Nearby
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Features
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Building Information
Year Built: 1956Building Area Total: 7192Stories: 2Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 7492 Lot Size Acres: 0.172 Lot Size Source: PublicRecords Lot Size Square Feet: 7,492 Lot Description: RectangularLot
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Listing Price Information
Listing Price: $4075000Cash, CashToNewLoan, Conventional, Contract
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Tax Information
Parcel Number: 4292016010 Tax Lot: J Tax Block: 22
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Virtual Tour
Parking Information
Parking Total: 12 Underground, GarageGarage Information
Has Garage: Yes Garage Space: 5
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Location Information
Direction: 848 5th St. Santa Monica, CA 90403 WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 222 228 Idaho, Santa Monica, CA, 90403 | $7,795,000 | 3 | 4 | -- | 15,006 Sq. Ft |
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ByOwner last updated this listing 09/30/2026 @ 22:16
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