Listing provided courtesy of Ronald Goldhammer of Berkshire Hathaway HomeServices California Properties. Last updated 2024-09-19 08:11:36.000000. Listing information © 2024 CLAW.
Asking Price: $2,175,000
839 Grant, Santa Monica CA 90405
Community: C14 - Santa Monica
This property was built in 1939 and is priced at $2,175,000. Please see the additional details below.
Motivated Seller just reduced from $2,350,000 to $2,175,000 CAP RATE NOW is 5% Prime Santa Monica blocks from the beach...Charming Immaculate Pride of ownership 4 plex first time on market in 23 years. 2 / 2 Bed 1 bath & 2 / 1bed 1 bath. Buildings have been maintained with consistant attention to detail throughout the years...Including recent termite tenting 1/2023, sewer mainline connection, Copper re-pipe & Gas repipe. Includes a laundry room with seller owned new coin machines with annual income of approx. $2400. Great tenants...5 garages with one vacant/owner...potential to add second garage to make ADU..very easy management. Bread & Butter building with very low maintenance. 5 garages....1 garage come vacant w/estimated income of $400 which would change CAP RATE to 5.22