Charming Spanish style 4 Plex in excellent Santa Monica location. 30% upside in rents. All super cute 1 +1 units . Rents are $1995, $1995, $805 (Plus $150 for garage), $735 (plus $150 for garage) and 2 additional garages rented for $150 each. GRM and Cap at market rents is 13.4 X Gross and 6.1% CAP respectively. Each charming unit has hardwood floors, living room, dining area, laundry room, bedroom and bathroom. Interior shown only with accepted offer. This building retains almost all of its original charm down to some of the original built in ice boxes and fold out ironing boards. Excellent Financial indicators for Santa Monica. Located in a lush garden setting in prime Santa Monica. Very very charming! DO NOT DISTURB TENANTS. Buyer cannot relocate low paying tenants. Offers contemplating relocation of tenants will not be considered. One of three buildings owners are selling in AAA Santa Monica Location! (the other two are 1301 Centinela -4 units and 1908 20th street -6
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