Santa Monica LA

Sold
271 North Canon Drive Beverly Hills, CA 90210
Courtesy of Realty Investment Advisors, Inc.
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Location

Santa Monica CA 90405

Property

Ownership: For Sale
Bedrooms: 14 BR
Bathrooms: 12
Pets: Pets Unknown
Area: 7581 sq ft
Lot Size: 7581 sq ft

Financials

Price: $2,850,000

Description

Situated in the vibrant Sunset Park neighborhood of Santa Monica lies this fantastic income opportunity with 6 spacious units, and an incredibly low GRM of 15.17 and an amazing cap rate of 4.28%! Just steps from Santa Monica College! Boasting the second highest walk & bike scores in Santa Monica! Just a short trip to Santa Monica beaches, with easy access to freeways and major stores, this property is in a thriving location in one of Santa Monica's hippest areas. Nearby, there is an abundance of popular local eateries and small businesses anchored by the new addition of a Whole Foods 365 grocery store just four blocs away. The building features ample garage and open-air parking off of a quiet alley.

Neighborhood

More listings: Santa Monica

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