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North of Wilshire Portfolio 2 Multifamily Properties Offered at $7,155,616 CAD in Santa Monica, CA
Executive Summary
The Boyett Team at CBRE is pleased to present the North of Wilshire Portfolio.
1127 5th Street, a well-maintained 8-unit apartment community ideally located in one of Santa Monica’s most sought-after and supply-constrained residential neighborhoods. Built in 1953 and coming to market for the first time in over 50 years, this offering represents a true generational ownership event — a rare, pride-of-ownership asset in one of the most coveted and barrier-to-entry coastal markets in all of Southern California.
947 7th Street, a rare two-building, 7-unit apartment community ideally situated in one of Santa Monica’s most coveted and supply-constrained residential enclaves. Built in 1955 and coming to market for the first time in over 50 years, this offering represents a true generational ownership event — the kind of long-term, pride-of-ownership asset that rarely surfaces in one of Southern California’s most desirable and barrier-to-entry coastal markets.
1127 5th Street, a well-maintained 8-unit apartment community ideally located in one of Santa Monica’s most sought-after and supply-constrained residential neighborhoods. Built in 1953 and coming to market for the first time in over 50 years, this offering represents a true generational ownership event — a rare, pride-of-ownership asset in one of the most coveted and barrier-to-entry coastal markets in all of Southern California.
947 7th Street, a rare two-building, 7-unit apartment community ideally situated in one of Santa Monica’s most coveted and supply-constrained residential enclaves. Built in 1955 and coming to market for the first time in over 50 years, this offering represents a true generational ownership event — the kind of long-term, pride-of-ownership asset that rarely surfaces in one of Southern California’s most desirable and barrier-to-entry coastal markets.
Property Facts
| Price | $7,155,616 CAD | Number of Properties | 2 |
| Price / SF | $564.37 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 5.36% | Total Building Size | 12,679 SF |
| Sale Type | Investment | Total Land Area | 0.34 AC |
| Status | Active |
| Price | $7,155,616 CAD |
| Price / SF | $564.37 CAD / SF |
| Cap Rate | 5.36% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 12,679 SF |
| Total Land Area | 0.34 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1127 5th St, Santa Monica, CA 90403 | Multifamily | 6,366 SF | 1953 | - |
| 947 7th St, Santa Monica, CA 90403 | Multifamily | 6,313 SF | 1955 | - |
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North of Wilshire Portfolio
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