Overview
- 5
- 7
- 3225
- 1952
Description
5 LARGE & PRIVATE OUTDOOR SPACES with LOTS OF LIGHT make this a Gem for owners and renters alike. In a sea of box like rental units the discerning buyer and renter will choose this property every time!… Newly offered at a 5.5% Cap rate and 12.88GRM, this turn-key 6-unit is an exceptional value for the investor that wants a stand out product in a desirable market. Expertly managed and maintained inside and out with upgraded interiors and curated exteriors; the current owners have ensured ease of ownership. A fully permitted ADU has been added to the property so to further capture high area rents. This is a most attractive asset for todays post Covid renters who are willing to pay a premium for modern conveniences with quiet, private and light filled outdoor space. Due to its unique appeal this property should continue to provide stable returns for its lucky new owner!!!
Address
Open on Google Maps- Address 10th
- City Santa Monica
- State/county Los Angeles
- Zip/Postal Code 90404
Details
Updated on November 7, 2025 at 11:07 am- Property ID: HZ25612851
- Price: $2,700,000
- Property Size: 3225 Sq Ft
- Bedrooms: 5
- Bathrooms: 7
- Year Built: 1952
- Property Status: ResidentialIncome
- Listed by: Christopher Newell
- DRE #: 02098665
- Contact Mail: ChrisNewell@BHHSCal.com
- Brokered by: Berkshire Hathaway HomeServices California Properties
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