Property listed by Rodeo Realty, Kenneth Marker 818-402-6254
$4,650,000
Price Improvement!! Trust Sale! Premier multifamily investment opportunity located in the highly sought-after city of Santa Monica, one of Southern California’s most stable and supply-constrained rental markets. The property is ideally positioned in a desirable residential neighborhood, just moments from Montana Avenue, Downtown Santa Monica, and Santa Monica Beach, offering… Read More exceptional proximity to employment centers, retail, dining, and lifestyle amenities.
Santa Monica continues to demonstrate strong rental demand driven by its coastal location, affluent demographics, limited new housing development, and historically low vacancy rates. These market fundamentals provide investors with durable income stability, long-term appreciation potential, and a defensive investment profile.
The property offers an attractive opportunity for both current income and future value enhancement, supported by consistent tenant demand and the long-term strength of the Santa Monica multifamily market. This asset is well-suited for investors seeking a high-quality coastal holding in a premier West Los Angeles submarket. Read Less
Listing Snapshot
Days Online
21
Last Updated
Property Type
MixedUse
Lot Size
0.17 Acres
Year Built
1970
MLS Number
SR26048580
Additional Details
Building
Built in 1970, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: Front
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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