Santa Monica, CA 90405 2638 4th Street

3.9% CAP rate in Santa Monica! Sitting atop a hill just 2 blocks from Main Street and 4 blocks from Santa Monica beach, this 6 unit building features sweeping ocean views from two units and a huge, west facing common area patio. Soft story retrofitting is NOT required. Dual pane windows throughout. Excellent unit mix consisting of (4) 1 bedroom + 1 bath, and (2) 2 bedroom + 1 bath. All units are larger than similar units in the area. Five individual parking garages with two additional surface parking spaces. Several units were recently upgraded with new floors, plumbing, fixtures, etc. One 2+1 unit will be delivered vacant. Property is subject to City of Santa Monica rent control. Inside with accepted offer only.