Santa Monica - Beach Property For Sale #5337792

UPDATED 10-UNIT BUILDING IN SANTA MONICA This property has been completely renovated with new stucco. Prime Santa Monica Location. Close to restaurants and the beach. 7 vacant units available for rental at market price. Covered parking for 10 cars. Washer and dryer on premises. New renovations including: Freshly painted building with dual-pane windows. New roof within the last two years. New plumbing and electrical work. New earthquake valves and soft story retrofit work. New cabinets, counters, sinks, and faucets in most units. Some units have new tile, and all are freshly painted. Most bathrooms have had total or partial remodels.New appliances in 7 units. Several units have been rented are other units are currently being made available for rent. Pro-forma CAP Rate over 5!