Detailed Introduction Of This Home
Investors, take advantage of this 5 Unit "Value Add" Apartment building in Prime Sunset Park/Santa Monica. 4 of the 5 of the units will be delivered vacant. None of the tenants were subject to eviction, relocation, or Ellis Act. The units can be rented out with no restrictions after the re-hab. Property is 1 mile to Santa Monica College, SM Airport and the 3rd St Promenade. There are (3) 2BR/1BA units, & (2) 1BR/1BA units. The units are spacious, and well laid out with lots of potential for upgrades. Each unit has its own water heater, and the units are metered separately for gas & electric. There are (5) one-car garages in the rear off the alley with the potential to add 1 or 2 ADU's (check with city for confirmation). There is a lundry room on premises with gas & water hookups. The property is being sold with 1034 Grant, and can be purchased together or separately. This is a Probate Sale and is subject to Court Confirmation. Please include CAR form PA-PA with all offers. There will be a Brokers Open (Public) on Saturday August 5th from 10:00 AM-2:00 PM. 4 of the 5 units will be available to view and inspect.