Excellent Santa Monica Location - 1 Block North of Pico Boulevard and Approximately 2 Miles of Santa Monica Beach, Ocean Avenue, 3rd Street Promenade, Main Street & the Santa Monica Pier | Outstanding Unit Mix of (1) 3-Bedroom/2-Bathroom Front Unit, (1) 3-Bedroom/1-Bathroom Unit and (3) 2-Bedroom/1-Bathroom Units | 6.16% Current Cap Rate & 11.74 Current GRM | 6.84% Pro-Forma Cap Rate & 10.85 Pro-Forma GRM | Front 3-Bedroom Unit Contains Private Front Yard and Laundry Room with Washer/Dryer Hook-Ups | Each Unit Contains an Individual Hot Water Heater | Two Units Remodeled with Quartz Counters, Upgraded Bathrooms and Newer Windows | 4,560-SF Building Size on a 6,858-SF Lot | Located Just a Few Blocks from Whole Foods Market, Bergamot Stations Arts Center, Santa Monica Business Park, Water Garden, Trader Joes, Virginia Avenue Park & Expo Line
Jonathan Nikfarjam, Shield CRE, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of January 19th, 2026 at 6:30pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.