# 848 5th Street, Santa Monica, CA 90403 > **TL;DR:** 4bd/5ba multi-family, $4,075,000, built 1956. > 5-car garage. Est. $21,794/mo. Listed 43 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $4,075,000 | | Bedrooms | 4 | | Bathrooms | 5 full | | Year Built | 1956 | | Lot Size | 7,492 sqft (0.17 acres) | | Stories | 2 | | Garage | 5-car | | Property Type | Multi-Family (Apartment) | | Status | Active | | Days on Market | 43 | ## Why This Home Stands Out - **Large Garage** - 5-car garage ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $20,605 | | Estimated Insurance | $1,189 | | **Total** | **$21,794** | ## Key Amenities - 5-car garage ## Property Highlights - Built in 1956 - 0.17 acre lot - 2 stories - 12 parking spaces ## Description ### Agent Description 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 21.41% rental upside. Current NOI is estimated at approximately $225,450, with a 5.53% current cap rate. At market rents, projected NOI is approximately $294,231 with a projected 7.22% market cap rate. Built in 1956 and 1964, 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 a townhome-style three-bedroom, three-bath front residence. The three-bedroom residence features generously sized bedrooms and bathrooms, a fireplace, washer/dryer hookups, a large deck, and a residential-scale layout. The property provides 12 parking spaces, consisting of seven subterranean spaces and five rear alley garage spaces. Six of the ten units have undergone renovations, including three remodeled since 2024. Additional improvements include a roof overlay completed in early 2024, Vulkem deck work completed in 2023, recent exterior painting, and staircase improvements. Select units feature updated kitchens and baths, stainless steel appliances, hardwood-style flooring, exposed-beam ceilings, and outdoor space. The property also includes a dedicated laundry room and landscaped common areas. The location offers proximity to Montana Avenue's restaurants, retailers, cafes, boutiques, and services, as well as Palisades Park, the Santa Monica coastline, Downtown Santa Monica, Third Street Promenade, and Santa Monica Place. The property has a 95 Bike ScoreBiker's Paradise and an 84 Walk ScoreVery Walkable. Nearby healthcare, education, technology, and entertainment employers contribute to a diverse Santa Monica employment base. ## Location - **Address:** 848 5th Street, Santa Monica, CA 90403 - **County:** Los Angeles - **Coordinates:** 34.024095, -118.502788 - **Google Maps:** https://www.google.com/maps?q=34.024095,-118.502788 ## Virtual Tour & Media - **Video Tour:** https://my.matterport.com/show/?m=FnZ9vUZkZtW&brand=0 ## Listing Agent - **Name:** Raymond Rodriguez · **License:** 01402283 - **Brokerage:** Equity Union - **Broker Phone:** (818) 631-1660 ## Photos ![848 5th Street - Photo 1](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f3647422229r.jpg) ![848 5th Street - Photo 2](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f3533118586r.jpg) ![848 5th Street - Photo 3](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f3424038992r.jpg) ![848 5th Street - Photo 4](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f1270408389r.jpg) ![848 5th Street - Photo 5](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f346436469r.jpg) ![848 5th Street - Photo 6](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f3830270543r.jpg) ![848 5th Street - Photo 7](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f630139855r.jpg) ![848 5th Street - Photo 8](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f2660405506r.jpg) ![848 5th Street - Photo 9](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f956742357r.jpg) ![848 5th Street - Photo 10](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f3988956994r.jpg) ![848 5th Street - Photo 11](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f1876790769r.jpg) ![848 5th Street - Photo 12](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f857346244r.jpg) ![848 5th Street - Photo 13](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f2441175419r.jpg) ![848 5th Street - Photo 14](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f1726880096r.jpg) ![848 5th Street - Photo 15](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f1607673079r.jpg) ![848 5th Street - Photo 16](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f648533452r.jpg) ![848 5th Street - Photo 17](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f1219606969r.jpg) ![848 5th Street - Photo 18](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f2343023809r.jpg) ![848 5th Street - Photo 19](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f2532448374r.jpg) ![848 5th Street - Photo 20](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f3089172301r.jpg) ![848 5th Street - Photo 21](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f1091739463r.jpg) ![848 5th Street - Photo 22](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f2409235775r.jpg) ![848 5th Street - Photo 23](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f2570867184r.jpg) ![848 5th Street - Photo 24](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f1037155193r.jpg) ![848 5th Street - Photo 25](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f2833288341r.jpg) ![848 5th Street - Photo 26](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f1013249851r.jpg) ![848 5th Street - Photo 27](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f4067175747r.jpg) ![848 5th Street - Photo 28](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f3948678781r.jpg) ![848 5th Street - Photo 29](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f2760402533r.jpg) ![848 5th Street - Photo 30](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f3858925620r.jpg) ![848 5th Street - Photo 31](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f2466588569r.jpg) ![848 5th Street - Photo 32](http://lh.rdcpix.com/c34e8f8e7e16c395818889e766ec63del-f3539001085r.jpg) --- **MLS#:** SR26204863 | **Updated:** 2026-10-29 **Source:** listhub *Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/848-5th-street-santa-monica-ca-90403-b97eecfc683e4c00af1bab3710bffa09) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/848-5th-street-santa-monica-ca-90403-b97eecfc683e4c00af1bab3710bffa09#listing", "url": "https://staging.propertysimple.ai/listing/848-5th-street-santa-monica-ca-90403-b97eecfc683e4c00af1bab3710bffa09", "name": "848 5th Street, Santa Monica, CA 90403", "description": "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 21.41% rental upside. Current NOI is estimated at approximately $225,450, with a 5.53% current cap rate. At market rents, projected NOI is approximately $294,231 with a projected 7.22% market cap rate. Built in 1956 and 1964, 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 a townhome-style three-bedroom, three-bath front residence. The three-bedroom residence features generously sized bedrooms and bathrooms, a fireplace, washer/dryer hookups, a large deck, and a residential-scale layout. The property provides 12 parking spaces, consisting of seven subterranean spaces and five rear alley garage spaces. Six of the ten units have undergone renovations, including three remodeled since 2024. Additional improvements include a roof overlay completed in early 2024, Vulkem deck work completed in 2023, recent exterior painting, and staircase improvements. Select units feature updated kitchens and baths, stainless steel appliances, hardwood-style flooring, exposed-beam ceilings, and outdoor space. The property also includes a dedicated laundry room and landscaped common areas. The location offers proximity to Montana Avenue's restaurants, retailers, cafes, boutiques, and services, as well as Palisades Park, the Santa Monica coastline, Downtown Santa Monica, Third Street Promenade, and Santa Monica Place. The property has a 95 Bike ScoreBiker's Paradise and an 84 Walk ScoreVery Walkable. 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