Description:

• Very low cost per unit especially for this location
• Property has been in the same family for decades
• Close access to Santa Monica’s extensive bike lanes
• In walking distance to trendy restaurants and shops
• Nestled North of Wilshire Blvd in Santa Monica’s coveted Wilshire-Montana neighborhood
• Charming 7-unit apartment complex
• True opportunity to add value to this gem that has been in the same family for decades
• Located in the highly desirable Franklin Elementary School District
• Located in the Santa Monica Community College District
• Walk & bike everywhere
• Just minutes from the beach
• Good Unit Mix with potential to add an Accessory Dwelling Unit (ADU)

VALUE ADD NORTH OF WILSHIRE. Low rents and tons of upside. Nestled north of Wilshire Blvd in Santa Monica’s coveted Wilshire-Montana neighborhood, this charming 7-unit apartment complex offers residents a peaceful, residential feel with trendy Montana Avenue’s shops, cafes and restaurants just steps away. Walk and bike everywhere. The property is located in the area of the highly desirable Franklin Elementary School District in the Santa Monica-Malibu Unified School District and the Santa Monica College District. Just minutes from the beach, the unit mix includes: Two – 2 Bedroom/1 Bath Units, Four – 1 Bedroom/1 Bath Units and One -Single Unit (Vacant). No soft-story, and there is potential to add an Accessory Dwelling Unit (ADU). Neighboring communities include the prime areas of Brentwood, West Los Angeles, Venice Beach and Marina Del Rey.