ADDRESS UPON REQUEST: California
8112 SQ FT. | 7,750 SQ FT. LOT SIZE | 8 UNITS |
0% OCCUPANCY | DELIVERED VACANT & FULLY RENOVATED
A LUXURY Newly Renovated 8 Unit in the Heart of Silicon Beach with OCEAN VIEWS
Location is everything and this modern architectural trophy building is positioned perfectly in the heart of Silicon Beach. Within waking distance to the beach, Main street’s multitude of shops and restaurants, Google, Snapchat and many other tech companies, this luxury multi-family building will attract the most discerning tenants. Current unit mix is two 3 bedroom/2 bathrooms and six 2 bedroom/2 bathrooms in an 8,112 sq ft building
Delivered with 0% occupancy, this vacant 8 unit building in Santa Monica offers several upside options for the savvy investor.
Designed by award winning architect, Margaret Griffin of Griffin Enright Architects, these luxury units include a modern floor to ceiling glass loft-style floor plans and some with ocean views. The building offers a roof top deck with panoramic and unobstructed ocean views and 19 parking spots.
Gross Monthly Income expected to be $55k/mo or more (5.6% CAP)