Sweet little investment property ready for it's new owner. 6 units, 4 1 bedroom 1 bath and 2 2 bedroom 1 bath units with a cultivated group of tenants that treat the complex like its own community. Many of the units have been updated throughout the years. The roofs of both buildings were replaced in April 2025 with 50 year shingles, and the exterior has been recently painted. There are over 11 parking spaces available. Seller pays water and trash, tenants cover other utilities. With minimal expenses and very little maintenance required this is a wonderful investment at a cap rate of 5.9%. P & L and rent roll available upon request. Call your realtor today, deals this good don't come along very often.
The income description goes here to explain
| List Price | $1,775,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1975 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 030011027 |
| MLS # | NS25175091 |
| Property ID | 322044522 |
| Lot Sqft | 17,860 |
| Zoning | Unknown |
| Total Units | 6 |
| Days on Market | 203 |
| Original List Price | $1,775,000 |
| Date Updated | December 04, 2025 |
| Date Created | July 30, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $10,255 | $0 |
| Net Income (Yr) | $ 105,163 |
| Cap Rate | 5.9% |
Wendy Streshenkoff an agent of RE/MAX Parkside Real Estate. Lic #01975738
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 04, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Loading map...
Add to collection
2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT