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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.
Property Type(s):
Residential Income
| Last Updated | 8/20/2025 | Year Built | 1949 |
|---|---|---|---|
| Community | C14 - Santa Monica | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Refrigerator |
| AREA | C14 - Santa Monica |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 5793 sq ft |
| PARKING | Garage |
| STORIES | 1 |
Location
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Listed with Kidder Mathews of California, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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