Santa Monica - Beach Property For Sale #3458885

This property is located 2 blocks from the Ocean and just steps from Main St in Downtown Santa Monica. The two-building complex comprises of a 1907 bungalow and a 1928 two-unit building. All three spacious units are two bedrooms, two bathrooms each with private entrances. The bungalow and the two-unit building are walk-up style, situated on a 2,502-square-foot lot. All units have undergone extensive renovations, featuring premium finishes and high-end appliances, including tankless hot water heaters, dishwashers, in-unit washer and dryers, and updated all copper plumbing. The property is located in the desirable Santa Monica area, providing easy access to a wide range of entertainment options, including the beach, shopping, dining, and nightlife. - Street parking is available with permits, and each unit is separately metered for gas and electricity. One unit will be delivered vacant and can be occupied by an owner | user or leased out to a tenant at $4,250 per month bringing the in-place cap rate to 4.44%. A walk score of 98 making the property a walkers paradiseU Easy access to Blue Bottle Coffee, Holey Grail Donuts, Urth Cafe and many other restaurants that are popular on Main StreetU There is plenty of nightlife options as well such as The Victorian, Jameson's Pub and June Shine.