6-Unit Townhome Style Building, Built in 1970, in the lively City of Santa Monica, CA
Incredible Unit Mix of All Large Townhome Units Consisting of: (3) – 3 Bedroom/2.5 Baths & (3) – 2 Bedroom/1.5 Bath Units
Well-Maintained, Pride of Ownership Building with Major Recent Capital Improvements Completed within the Last Few Years
New Roof, Gutters, Electrical, Windows, Paint, Main Sewer Line, Plumbing, Drains, and Soft Story Retrofit Completed
Over ±8,500 Rentable SF Offering Spacious Open Floor Plans | Private Patio, Walk-in Bedroom Closets, Additional Closets/Storage Throughout, and Plenty of Natural Light
Value-Add Investment Opportunity with Over 55% Rental Upside Potential
One (1) Three Bedroom Unit to be Delivered Vacant | Immediate Upside
Three (3) Single Car Garages & Two (2) Tandem Tuck Under Parking Spaces
On-Site Laundry for Additional Income and Tenant Convenience | Owned Equipment
Low Operating Expenses | Individually Metered for Gas & Electric