Apartments For Sale • 4,363 SF
Owner-User Opportunity: The vacant 3-bedroom, 3-bathroom front unit is perfect for an owner-user, offering the flexibility to live in a spacious 2-bed |
Prime Santa Monica Location: Moments from the Santa Monica Pier, Venice Beach, and the vibrant local lifestyle. |
Modern Upgrades: Property features 100% copper piping, an updated electrical panel, a shared laundry room, four enclosed garages, and beautifully main |
Upside Potential: Current 5.00% cap rate and 13.06 GRM with potential to achieve 5.48% cap rate and 12.27 GRM. |
Spacious Units: All units are generously sized and include hardwood floors, separate entrances, and tasteful finishes. |
Cap Rate: | 5.00 % |
Transit/Subway | Drive | Walk | Distance |
---|---|---|---|
Downtown Santa Monica (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 14 min | 0.7 mi |
17 St/ Smc (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 14 min | 0.8 mi |
Airport | Drive | Walk | Distance |
Los Angeles International | 17 min | - | 8.9 mi |
Bob Hope | 33 min | - | 22.7 mi |
Long Beach (Daugherty Field) | 38 min | - | 29.1 mi |
Parking Available: | Yes |
Reserved: | No |
Type: | Surface |
Included in Rent: | Yes |