Trophy investment! Well-located multifamily asset in the heart of Santa Monica, one of the most supply-constrained and resilient rental markets in Southern California. The property benefits from strong and consistent tenant demand, historically low vacancy rates, and proximity to major employment centers, coastal amenities, and premier retail corridors. Limited new development and favorable long-term market fundamentals support durable cash flow, potential rent growth, and long-term value appreciation, making this asset an attractive coastal investment with defensive characteristics.