Live Auction! Bidding to start $1,388,000.00 traditional non-bank owned property. We are pleased to exclusively represent for sale, The Grant Garden, an excellent opportunity to acquire an 8-unit (out of 8 units, 4 studio units are non-conforming) apartment building in one of the best highly south rental locations in prime Santa Monica nestled in Ocean Park neighborhood. The property consists of four (4) One Bedroom/One Bathroom units & four (4) studio units. The property's 3,740 rentable square feet is situated on a 5,897 square foot lot. Two of the one bedroom units will be delivered vacant. An astute investor will benefit immediate cash flow, with the opportunity to capitalize significantly on higher market rents and to acquire a well maintained & low maintenance property in one of the most prime locations on the Westside of Los Angeles. Located in the high-demand rental market of Santa Monica, walking distance to the beach, Santa Monica High school and all major shopping & dining.
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Listing Courtesy ofColdwell Banker Residential Brokerage