Investors, take advantage of this 5 Unit "Value Add" Apartment building in Prime Sunset Park/Santa Monica. 4 of the 5 of the units will be delivered vacant. None of the tenants were subject to eviction, relocation, or Ellis Act. The units can be rented out with no restrictions after the re-hab. Property is 1 mile to Santa Monica College, SM Airport and the 3rd St Promenade. There are (3) 2BR/1BA units, & (2) 1BR/1BA units. The units are spacious, and well laid out with lots of potential for upgrades. Each unit has its own water heater, and the units are metered separately for gas & electric. There are (5) one-car garages in the rear off the alley with the potential to add 1 or 2 ADU's (check with city for confirmation). The property is being sold with 1034 Grant, and can be purchased together or separately. This is a Probate Sale and is subject to Court Confirmation. Please include CAR form PA-PA with all offers. The listing agents are representing sellers exclusively, and will not be representing any buyers in this transaction
Additional Features
- Wall Furnace
- Parking spaces: 5.00
- Listing Status: Pending
- Listing Agent: Keith Moret
(lic# 01802527)
of Beverly Hills/Greater LA
- Listing Office: Lyon Stahl Investment Real Estate, Inc.
(lic# 01972083)
- CO-Listing Agent: Michael Millea
(lic# 01069014)
of South Bay
- CO-Listing Office: Lyon Stahl Investment Real Estate, Inc.
(lic# 01972083)
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Based on information from CRISNet MLS as of 4th May 2024 at 2:44am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
