Charming building with curb appeal. 2 bedroom 1.5 Bath town home located in a courtyard setting with mature landscaping creating a peaceful living environment. Excellent opportunity for investors and 1031 exchange buyers to purchase a property for approximately $175,000 to $250,000 below market value. Two most recent sales in the building sold for over 900 a foot. We are price at 567 a foot. The town home is being sold with a tenant paying $1,753 per month. The tenant cannot be evicted unless they voluntarily agree to a relocation fee. (see attached seller disclosure statement regarding Tenant Ownership Rights Charter Amendment). Buyer to do their own due diligence regarding Rent Control Law-city of Santa Monica. Fantastic upside potential is waiting for the savvy investor!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
