711 Grant St
SANTA MONICA, CA 90405
| Cross street: | Grant Street and Lincoln Blvd. |
|---|
Property
| Ownership: | For Sale |
|---|---|
| Bedrooms: | 14 BR |
| Bathrooms: | 8 |
| Area: | 8086 sq ft |
| Lot Size: | 0.19 Acres |
Financials
Price:$2,459,000
Listing Courtesy of Coldwell Banker Realty
711 Grant St 14BR Santa Monica La
Description
This exceptional six-unit apartment building in prime Santa Monica, located west of Lincoln Boulevard, offers a rare investment opportunity with 12.41 GRM and 5.7 CAP rate. This property offers an ideal mix and spacious layout of (2) two story townhome style 3+2 units and the back building has (4) 2+1 units with one currently vacant, making it a perfect opportunity for an owner-user or for immediate rental income. With its desirable location, strong unit mix, and upside rental potential, this property is a standout choice for investors or buyers seeking a versatile and valuable asset in one of LA's most sought-after neighborhoods.
Neighborhood
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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
