Connectez-vous/S’inscrire
Votre e-mail a été envoyé.
1017 5th St
Santa Monica, CA 90403
Immeuble residentiel Bien À vendre
·
11 Lots
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- 19% Rental Upside tp proforma rnts
- Irreplacable North of Wilshire location near Montana Avenue and the beach
- High-end remodeled units and extensive property upgrades
Résumé analytique
An exceptional opportunity to acquire a meticulously remodeled 11-unit apartment building in one of Santa Monica’s most coveted North of Wilshire locations. 1017 5th Street offers the rare combination of a true trophy-quality location, high-end renovated units and investment returns that are exceedingly difficult to find in prime Santa Monica.
Offered at $5,485,000, the property generates a compelling 5.39% current cap rate and 13.07 GRM, providing investors with unusually strong in-place cash flow for an asset of this quality and location. The investment becomes even more compelling on pro forma rents, reaching approximately a 6.69% cap rate and 11.03 GRM, with roughly 19% remaining rental upside.
The property has undergone extensive upgrades and features beautifully remodeled, high-end units designed to attract Santa Monica’s premium renter base. This is not a heavy value-add project requiring years of construction, tenant turnover and capital expenditures. The work has largely been done, creating an exceptionally easy-to-own and easy-to-manage asset with strong income from day one.
Offered at $5,485,000, the property generates a compelling 5.39% current cap rate and 13.07 GRM, providing investors with unusually strong in-place cash flow for an asset of this quality and location. The investment becomes even more compelling on pro forma rents, reaching approximately a 6.69% cap rate and 11.03 GRM, with roughly 19% remaining rental upside.
The property has undergone extensive upgrades and features beautifully remodeled, high-end units designed to attract Santa Monica’s premium renter base. This is not a heavy value-add project requiring years of construction, tenant turnover and capital expenditures. The work has largely been done, creating an exceptionally easy-to-own and easy-to-manage asset with strong income from day one.
Informations sur l’immeuble
| Prix par lot | 429 356 € | Classe d’immeuble | C |
| Type de vente | Investissement | Surface du lot | 0,07 ha |
| Taux de capitalisation | 5,39 % | Surface de l’immeuble | 732 m² |
| Multiplicateur du loyer brut | 13.07 | Occupation moyenne | 100% |
| Nb de lots | 11 | Nb d’étages | 2 |
| Type de bien | Immeuble residentiel | Année de construction | 1958 |
| Sous-type de bien | Appartement | Ratio de stationnement | 0,12/1 000 m² |
| Style d’appartement | De faible hauteur | ||
| Zonage | SMR2* | ||
| Prix par lot | 429 356 € |
| Type de vente | Investissement |
| Taux de capitalisation | 5,39 % |
| Multiplicateur du loyer brut | 13.07 |
| Nb de lots | 11 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Surface du lot | 0,07 ha |
| Surface de l’immeuble | 732 m² |
| Occupation moyenne | 100% |
| Nb d’étages | 2 |
| Année de construction | 1958 |
| Ratio de stationnement | 0,12/1 000 m² |
| Zonage | SMR2* |
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| Studios | 2 | 4 341 € | 63 |
| 1+1 | 6 | 2 863 € | 72 |
| 2+1 | 3 | 2 540 € | 88 |
Taxes foncières
| Numéro de parcelle | 4292-011-018 | Évaluation des aménagements | 711 408 € |
| Évaluation du terrain | 2 845 631 € | Évaluation totale | 3 557 039 € |
Taxes foncières
Numéro de parcelle
4292-011-018
Évaluation du terrain
2 845 631 €
Évaluation des aménagements
711 408 €
Évaluation totale
3 557 039 €
1 sur 32
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
