Large 11 unit building in Santa Monica (9,485 sq ft.). Offered at $314 per foot. 12.9 GRM and cap rate of approximately 5.1%. Excellent unit mix of 3 two-bedroom one bathroom and 7 one-bedroom one bathroom and 1 studio apartment, 8 onsite parking. Landlord will deliver 2 one car garages vacant. Well maintained building in the heart of Santa Monica. Located across the street from the Broad Stage on 11th. All units are occupied. Please do not walk on property or disturb tenants. Inside with acceptable offer. Rent roll and OM are attached. Expenses are estimated at 35% includes new property tax, excludes management expense. All units have private patio or balcony.