Property Info

6,812 Sq. Ft. | 7493 Acre Lot |  Built in 1957 View Features

We are proud to present the rare opportunity to acquire a ten (10) unit apartment complex in the beautiful beach city of Santa Monica. This well maintained, bread and butter property sits on a full 7,493 square foot lot and consists of ten 1 bedroom 1 bathroom units. There is NO SOFT STORY retrofit necessary at this property, minimizing future exposure to a costly retrofit expense! This building is ideally located just a few miles from the Santa Monica Pier, popular restaurants and shopping of Downtown Santa Monica. Enjoy the strongest rental upside in the Los Angeles market by increasing rents significantly upon future vacancies!