Description
Rare opportunity to invest or develop multi unit residential property in Santa Monica prime location. This 7505 sq foot lot encompasses 3 separate income producing dwellings consisting of a main house, and 2 attached rear units with ample off street parking and garages. Huge yard resembles a small park. R2 zoning near Lincoln Blvd with quick access to the 10 Freeway makes this is an incredible opportunity for both the rental investor or multi unit Development Company looking to build luxury condos or apartments. Currently the main house is (2 bdr 1 bth) and 2 attached rear units (1 bdr 1 bth each) encompassing a total combined 1460 sq feet. Historical Santa Monica property values continue to increase making this an exceptional opportunity. Amazing walking and transit scores (86 & 78) enhance this prime location with Metro Access just blocks away. Don't miss this opportunity to acquire an amazing location in Santa Monica coveted neighborhood.
Location
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