An exceptional investment opportunity awaits in the bustling city of Santa Monica! Positioned near the vibrant crossroads of Montana Ave and 19th St, this expansive two-story building spans 7,180 square feet. Recently underwent Soft-Story Retrofit to meet LADBS regulations, it features six units: five boasting three bedrooms each, and one with two bedrooms. The property includes on-site covered parking, accommodating six cars with individual garages at the rear. With substantial potential for increased rental income, this property appeals to both owner-users and seasoned investors seeking to diversify their portfolios. Conveniently located just a stone's throw away from Trader Joe’s, Pavilions, and the Aero Theater, it offers proximity to a plethora of chic boutiques, diverse eateries, and entertainment options. Nestled amidst the vibrant Santa Monica Boulevard scene, and only minutes away from the sun-kissed shores of Southern California beaches, this property embodies the epitome of coastal living and urban convenience.
Listing provided courtesy of Paul Baccino of Equity Union. Last updated 2024-11-24 09:28:52.000000. Listing information © 2024 CRMLS.