OVER 60% upside in rents and one of the LOWEST COSTS OF ENTRY in Santa Monica. This charming 5-unit Santa Monica apartment complex is Perfect for an Owner-User, with a large 2-bedroom back house unit combined with 4 other rental units. Across the street from Whole Foods and close proximity to Santa Monica College (SMC), many restaurants, shopping, and cafes. If you are looking for a property at a low cost basis with tremendous upside potential, there is no better property in Santa Monica. Additionally, there are 4 garages that will be delivered vacant and can be rented for $250/month. Please do not disturb the tenants. All showings will be subject to an accepted offer. Property is NOT on the required soft story retrofit list in the City of Santa Monica.
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.
