711 Grant ST new Save Request In-Person Tour Request Virtual Tour
Santa Monica,CA 90405
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,128 sqft
Price per Sqft $401
MLS Listing ID 25605581
Bedrooms 14
HOA Y/N No
Year Built 1956
Lot Size 8,084 Sqft
Property Description
This exceptional six-unit apartment building in prime Santa Monica, located west of Lincoln Boulevard, offers a rare investment opportunity with 12.41 GRM and 5.7 CAP rate. This property offers an ideal mix and spacious layout of (2) two story townhome style 3+2 units and the back building has (4) 2+1 units with one currently vacant, making it a perfect opportunity for an owner-user or for immediate rental income. With its desirable location, strong unit mix, and upside rental potential, this property is a standout choice for investors or buyers seeking a versatile and valuable asset in one of LA's most sought-after neighborhoods. Trust Sale - NO Court Confirmation Required. Do Not Disturb Tenants. Do Not Walk Property, please.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMOP2*
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Cooling None
Flooring Wood
Fireplaces Type Bath,Kitchen,Living Room
Fireplace Yes
Laundry Common Area
Exterior
Parking Features Assigned,Uncovered
Pool None
View Y/N No
View None
Total Parking Spaces 5
Private Pool No
Building
Faces South
Story 2
Entry Level Two,Multi/Split
Architectural Style Traditional
Level or Stories Two,Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4289002014
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Financing Cash,Conventional
Special Listing Condition Standard