
Closed Listing
6 Vacant Units in Santa Monica Sold @ $644 PPSF
947 5th
sold in
Santa Monica
Sold At
$
2,800,000
6
Number of Units
1923
Year Built
4,632
SF
Square Footage
7,405
SF
Lot Size
SMR2
Zoning
947 5th St, Santa Monica, CA 90403
About the Property
947 5th Street is a 6 unit FULLY VACANT courtyard style apartment building built in 1923. Located north of Wilshire in prime Santa Monica, the property sits on a 7,510 SF lot and consists of (4) 1+1s and (2) Studios. The property is a short walk to the beach, Montana Ave, 3rd Street Promenade, and many more attractions.
947 5th St.
Westside / SM / Venice
Offering Price
$2,800,000
Number of Units
6 Units
Price per. Unit
$466,667
Bldg. Size
4,632 SF
Price per Foot
$604
Lot Size
7,405 SF
Year Built
1923
Current CAP
4.94%
Market CAP
4.94%
Zoning
SMR2
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$466,667
Price p/ Sq. ft.
$604
Proforma Cap Rate
4.94%




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