Description
This exceptional six-unit apartment building in prime Santa Monica, located west of Lincoln Boulevard, offers a rare investment opportunity with 12.41 GRM and 5.7 CAP rate. This property offers an ideal mix and spacious layout of (2) two story townhome style 3+2 units and the back building has (4) 2+1 units with one currently vacant, making it a perfect opportunity for an owner-user or for immediate rental income. With its desirable location, strong unit mix, and upside rental potential, this property is a standout choice for investors or buyers seeking a versatile and valuable asset in one of LA’s most sought-after neighborhoods. Trust Sale – NO Court Confirmation Required. No request for repairs or credit will be considered. Do Not Disturb Tenants. Do Not Walk Property, please.
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Neighborhood & Market Insights
This property is 13.0% below the current neighborhood median.
The schools block is active and ready for district, ratings, and assigned-school provider data.
56.8% modeled change across available points
- Principal and Interest
- Property Tax
- HOA fee