This is a value add investment opportunity in a great location. The property features a mix of studios and a 2-bedroom unit with abundant outdoor space and on-site parking. As an investment, the property offers investors an incredible value add opportunity. With approximately 20% upside in rents, an investor can implement a strategic interior and exterior renovation with the goal of increasing rents and taking advantage of the strength of the Santa Monica market. A detached garage provides excellent potential to create an ADU. The property also features coin operated laundry on-sire.
Listing provided courtesy of Bryan Glenn of Kidder Mathews of California, Inc.. Last updated 2025-08-21 08:11:41.000000. Listing information © 2025 CRMLS.