Residential Income In Santa Monica

Trophy Owner/User in beautifully remodeled 3 unit compound in Sunset Park, walking distance to Main st, Santa Monica and the Beach. All units delivered vacant perfect for those seeking a SFR plus guest house or office. Income of $130,800 yearly and now at a 4.85 cap rate. This triplex offers a front 2 bedroom/ 1 bath house delivered vacant with large private garden in the front for entertaining. Hard wood floors, new quartz counters, a two car garage overlooking a front manicured garden and 2 one bedroom/1 bath cottages in rear of property with vaulted ceilings and private patio area. All units boast open concept kitchens featuring stone counters and stainless appliances, state-of-the art baths trimmed in tasteful finishes, and separate laundry facilities. Situated 8 blocks from the beach and only minutes to Main Street and Abbott Kinney. Upside in market rents to a $130,800 per year and amazing owner/user with all units delivered vacant.