An exceptional investment opportunity awaits in the bustling city of Santa Monica! Positioned near the vibrant crossroads of Montana Ave and 19th St, this expansive two-story building spans 7,180 square feet. Recently underwent Soft-Story Retrofit to meet LADBS regulations, it features six units: five boasting three bedrooms each, and one with two bedrooms. The property includes on-site covered parking, accommodating six cars with individual garages at the rear. With substantial potential for increased rental income, this property appeals to both owner-users and seasoned investors seeking to diversify their portfolios. Conveniently located just a stone's throw away from Trader Joes, Pavilions, and the Aero Theater, it offers proximity to a plethora of chic boutiques, diverse eateries, and entertainment options. Nestled amidst the vibrant Santa Monica Boulevard scene, and only minutes away from the sun-kissed shores of Southern California beaches, this property embodies the epitome of coastal living and urban convenience.
SR24024760
Multi-Family, Business Opportunities, 2 Story
Los Angeles
1959
0.1836
Acres
Public
2
7,180
Sq. Ft.
1 Total
Detailed Room Information
- Laundry
- Common Area
Interior Features
- Cooling
- Window/Wall Unit
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Zoning
- SMR2*
Financial Considerations
4277011021
1031 Exchange
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