4 of the 5 units will be delivered vacant! Over a 5.5% CAP when leased up. Rare Santa Monica opportunity just south of Pico Blvd and steps to Trader Joe’s. Remodel the existing structures or build and expand. Huge 9,000 sf lot with plenty of room to build new ADU’s for a total of 7 units. There are 3 structures on the property: In front is a 3 unit building with a lovely private, front yard . It has (1) 2+1 and (2) 1+1 units. The middle building has 2-stories with (2) 1+1’s and a 1-car garage. The rear structure is a detached 2-car garage. All 3 garages will be delivered vacant. There are a total of 7 parking spaces. This is a contractor’s dream – rebuild or restore and choose your own market rent tenants!
For marketing flyer click here!
For more information, please contact the listing agent, David Schuchman, at 310-828-7525 or email David@roque-mark.com
Rare OWNER/USER opportunity in a prestigious Santa Monica location, just steps to… More
Sold for $1,870,000. Multiple offers – sold over the asking price! Roque… More
3.9% CAP Rate in Santa Monica! Sitting atop a hill just 2… More
Entertainer’s dream – Completely rebuilt and redesigned in 2011, this California Contemporary… More
ROQUE & MARK CO. represented the Buyer Sold for only $414,000/unit and… More
** IDEAL OWNER/USER OPPORTUNITY **- Beautiful 6 unit building located North of… More
6 UNIT APARTMENT BUILDING. LOCATED NORTH of WILSHIRE BLVD. Offered for $2,795,000… More
Terrific opportunity to owner-occupy or build new condos. Just 3 block to… More