Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

6

Building size

4,137 sqft

Lot size

7,526 sqft

Year built

1950

Stories

2

Garage spaces

5

Cooling

None

Status

Active

Days on market

94

MLS #

241739915

About this property

Charming 6-unit property with expansive grounds and 5 one car garages. Each unit has been tastefully updated, blending vintage charm with modern conveniences like dishwashers in most units. All units are at market rent, and the building features shared laundry. With strong financials and excellent income potential, this well-maintained Santa Monica gem is primed for a savvy investor to step in and maximize returns. One 1/1 bedroom Unit will be delivered VACANT along with 4 out of the 5 garages. There is a tremendous value and upside to this spectacular property.

Location

947 17th Street

Santa Monica, Los Angeles, CA, 90403