Cushman & Wakefield, Inc., as exclusive advisor, is offering for sale The Euclid (the “Property”), a value-add, lender-owned 22-unit apartment community located in Santa Monica, California. Strategic Value-Add Opportunity The lender has intentionally kept vacant 7 units renovated to “condominium spec”, allowing an investor immediate upside through lease-up. Over time, the remaining 15 vintage units can be renovated and brought to market rents. Prime Location with Strong Renter Demand The Property is situated in a highly desirable area of Santa Monica, a market characterized by strong rental demand and limited supply. Santa Monica’s strict zoning and development restrictions limit new rental supply, ensuring long-term rental demand for well-positioned properties such as The Euclid. Walkable to World-Class Healthcare Campuses The Euclid benefits from its proximity to UCLA Santa Monica Medical Center and Providence St. John’s Health Center which together employ almost 5,000 physicians and staff. Accessible Transit-Oriented Location The Property’s location is walking distance to two Metro Rail E Line stations and offers convenient access to the Santa Monica (I-10) Freeway.