947 7Th St, Santa Monica, CA 90403

Description

A rare two-building, 7-unit apartment community ideally situated in one of Santa Monica's most coveted and supply-constrained residential enclaves. Built in 1955 and coming to market for the first time in over 50 years, this offering represents a true generational ownership event the kind of long-term, pride-of-ownership asset that rarely surfaces in one of Southern California's most desirable and barrier-to-entry coastal markets. Situated on a 7,525 square foot lot, the property totals 6,313 square feet of gross building area across two structures, offering an average of 902 square feet per unit. The asset features a well-diversified unit mix of three (3) one bedroom, on...