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Description
Presenting 1033 11th St, a 7-unit multifamily property located on a beautiful tree lined street North of Wilshire Blvd in coveted Santa Monica. This desirable asset offers a unit mix of (2) 2 Bedroom 1 Bath, (4) 1 Bedroom 1 Bath and (1) 0 Bedroom 1 Bath with units featuring hardwood flooring in the main living area, tile in the kitchen and bathroom areas, an onsite community laundry, (3) off-street parking spaces, and a detached garage showcasing (6) 1- car garages. The generous well-maintained property offers spacious light and bright units showcasing 1 completely remodeled unit. 2 units with some updates over time, 3 units in good-clean condition and 1 unit in original condition. The property offers a savvy investor the ability to acquire an asset in a highly desired area with a historically strong rental market and add value by updating and finishing the 6 remaining units as they come available in order to capitalize on market rents. Sited in a stellar central Santa Monica location between Wilshire Boulevard and Montana Avenue approximately 1 mile to the beach, and a quick jaunt to Main St., Third Street Promenade, Venice Boardwalk, and more. CONTACT LISTING AGENT #1 FOR THE OFFERING MEMORANDUM AND DETAILED RENT ROLL WITH PROPERTY SPECIFICS.
Location
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