1446-1448 Yale St presents a rare opportunity to acquire a seven-unit bungalow asset in one of the most coveted coastal markets in the country. Situated just moments from Montana Avenue, the Third Street Promenade, and the Pacific Ocean, residents enjoy unmatched access to world-class dining, shopping, and entertainment. The property sits on a 9,000 SF lot with ±4,014 SF of rentable space, consisting of six (6) two-bedroom, two-bath units and one (1) one-bedroom, one-bath unit. Comprehensively gut-renovated in 2018, every unit features high-end kitchens, designer bathrooms, luxury flooring, updated systems, and in-unit washer/dryer. A beautifully landscaped courtyard with a BBQ lounge and gated security complete the resort-style living experience. All units are occupied by high-income, creditworthy tenants generating one of the strongest in-place cap rates available in the Santa Monica market — with no comparable opportunity currently on the market. 1446-1448 Yale St is a true trophy coastal asset built to perform.