1937 17th Street, Santa Monica, CA for sale

Investment Overview

Property consists of two separate structures, a double-car garage plus eight open parking spaces serviced by a rear alley. The front building has five units including one 3 BD/1 & 1/2 BA unit and four 2BD/1BA units. The rear building is a separate 2 BD/1 BA single family house with rear patio. Great rent income upside on tenant turnover. Three units are at below prevailing market rent, for additional aggregate rent upside of $3,000 per month at current market rent level.