Property Description
This is a value add investment opportunity in a great location. The property features a mix of studios and a 2-bedroom unit with abundant outdoor space and on-site parking. As an investment, the property offers investors an incredible value add opportunity. With approximately 20% upside in rents, an investor can implement a strategic interior and exterior renovation with the goal of increasing rents and taking advantage of the strength of the Santa Monica market. A detached garage provides excellent potential to create an ADU. The property also features coin operated laundry on-sire.
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$29,640
TurboHome Estimated Value
$1,963,000
$568 sqft
High Valuation
$2,061,150
$597/sqft
Normal Valuation
$1,963,000
$568/sqft
Low Valuation
$1,864,850
$540/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $568/sqft | $1,963,000 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Location
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No comparable properties found in this area.
Nearby Listings
3 similar properties within 5 miles

List Price: $1,625,000
611 Grant St, Santa Monica, CA 90405
1 bd 1 ba 761 sqft
TurboHome Est. Value:
$1,419,000

List Price: $1,995,000
408 Linnie Canal, Venice, CA 90291
1 bd 1 ba 672 sqft
TurboHome Est. Value:
$4,351,700

List Price: $2,100,000
415 Sherman Canal, Venice, CA 90291
1 bd 1 ba 384 sqft
TurboHome Est. Value:
$2,023,500
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