Located in Santa Monica, this asset is comprised of (5)- 1 bed/ 1 bath, (3)-Studio / 1 bath, and (2) -2 Bed / 1.75 Bath units with on-site laundry facilities atop a spacious 6,830 square foot lot. With three vacant units and 10 parking spaces, this ten-unit apartment building is the perfect opportunity for an investor looking to capitalize on premium rent prices through the execution of cost effective finishes in a growing portion of Santa Monica. 

Situated between two major So-Cal beaches, Venice Beach and Santa Monica State Beach, this building is a 10-minute drive from the Pier and Downtown Santa Monica. Just a short drive to Lincoln Blvd, this property is in close proximity to major markets Whole Foods, Trader Joe’s and Gelson’s and surrounded by an array of takeout and dining options. 

With easy access to the 10 and 405 Freeway, this property is perfect for tenants who want the laid-back beach lifestyle in an area just close enough to LA for work or play. This property offers investors the ability to maximize profitability on tenants who want to live in one of the most highly sought-after neighborhoods in Los Angeles county surrounded by upscale entertainment and occupational opportunities.