Nestled in the highly sought after Santa Monica Canyon, 237 Mabery Road offers income right away or the opportunity to add value and substantially increase your return. This fully vacant property consists of two structures with a flexible floor plan and breathtaking views, all within a short walk to the beach. The main home welcomes you with a wall of windows across the living and dining areas, framing lush canyon views and filling the interior with natural light. Wood-beamed ceilings, a stone fireplace, and a spacious sundeck blend classic 1920s craftsmanship with effortless indoor outdoor living. The second structure offers a bright one bedroom unit with floor to ceiling windows that capture serene canyon views. Below, you'll find an additional studio unit with private patio. This property offers the ultimate coastal lifestyle, located within walking distance to the award-winning Canyon Elementary School and some of the neighborhoods best restaurants including Giorgio Baldi, The Golden Bull, and Caffe Delfini. Do not miss out on this once in a lifetime opportunity to own an income generating trophy property on one of the Canyon's most desirable streets!