JUST LISTED

1127 16th St, Santa Monica, CA 90403

12 BEDS | 12 BATHS | 6,768 SQFT | 7,503 SQFT LOT

$3,500,000

Rare, amazing opportunity to own an excellent, well maintained income property in prime location of Santa Monica, north of Wilshire Blvd. This property has been under the same ownership for many years and is very well maintained. All units are 2 bedroom/2 bathroom with original red oak hardwood floors in all units. Two (2) units will be delivered vacant at closing. There are six (6) parking spots and storage units, a brand new security gate for controlled entry, and laundry on site. Building has been well maintained with upgraded copper plumbing, new water heater, gas meters and lighting. Significant investor upside based on proforma. Showing with accepted offer only. Drive by only. Do not disturb tenants and do not walk on property.