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.
For sale
$2,459,000
711 Grant St, Santa Monica, CA 90405
14beds
8baths
6,128sqft
Est.:
Multi Family
Built in 1956
-- sqft lot
$-- Zestimate®
$401/sqft
$-- HOA
What's special
Townhome style
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