711 Grant St Active Save Request In-Person Tour Request Virtual Tour
Santa Monica,CA 90405
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,128 sqft
Price per Sqft $401
MLS Listing ID 25605581
Style Traditional
Bedrooms 14
Year Built 1956
Lot Size 8,086 Sqft
Acres 0.1856
Property Sub-Type Multi-Family
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. No request for repairs or credit will be considered. Do Not Disturb Tenants. Do Not Walk Property, please.
Location
State CA
County Los Angeles
Area Santa Monica
Zoning SMOP2*
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Flooring Wood
Fireplaces Type Bath, Kitchen, Living Room
Equipment Ceiling Fan
Laundry Community
Exterior
Parking Features Assigned, Uncovered
Garage Spaces 5.0
Pool None
Waterfront Description None
View Y/N No
View None
Building
Story 2
Water Public
Architectural Style Traditional
Level or Stories Multi/Split, Two
Others
Special Listing Condition Standard