We are pleased to present this unique 5-unit opportunity in a prime Santa Monica location on the corner of 6th and Ocean Park, just steps to the beach, dining, entertainment and in close proximity to all of the major attractions that Santa Monica has to offer. The excellent unit mix and large units are coupled with unique charm in this well-maintained building, offering an investor long term growth in an excellent location. Two one bedroom unit will be delivered vacant at the close of escrow. The property offers excellent amenities for tenants with great outdoor space, garage storage/parking, and ease of access to major thorough fares. The property is well positioned to take advantage of continued low historical vacancy and long-term rental growth in one of the premiere locations in Santa Monica.
* This payment calculator is intended for educational and planning purposes only. ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.