Estimation provided by Keller Williams Realty, LLC.
6 Beds
6 Baths
Sold
Sold
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Property Description
Excellent opportunity to own a 5-unit building in a prime location of Santa Monica. This property has two separate structures. The front structure comprises 3 units: Unit #A (2+2), Unit #B (1+1) and Unit #E (single) which is upstairs of unit #A. Unit #A and #E are currently joined and rented to the same family as one unit. The 2nd structure comprises cottage Unit #C (2+1) and Unit #D (1+1) which is an upper unit with a large patio. This unit will be delivered vacant. Below unit #D are 4 single garages and an additional half-garage for storage. Two units are being rented with garage, leaving the other two garages available to rent as extra income. Property is being sold "As Is" and is subject to Santa Monica Rent Control. Assessor shows 4 units; currently there are 5 units on the property and according to the S.M. Rent Control Board this property has been registered as five units. Buyer to do their own investigation regarding the number and size of the units.
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