Investor's Dream! North of Wilshire. Close to all things Santa Monica: the shops, medical centers, University of Santa Monica, the beach, etc. Convenient and walkable. Offered at $2,695,000. The property will be delivered with three vacant units (75% of the property), offering a path for additional renovation and expansion OR they could be immediately leased up at market rents (we have been holding people at bay who have been contacting us about renting the units). We can walk you through the 4th and final unit... The patio area between the two buildings is begging to be updated into a new awesome space. 5 car garage on the alleyway. Possible ADUs. With current pro-forma market rates for these units, the property would be in the ~5 CAP range. With further updates and pro-forma market rate of the 4th unit, even higher. Built in 1938, the property consists of three one-bedroom, one-bathroom units AND one two-bedroom, one-bathroom unit totaling close to 3,000 SF on a 7,998 SF corner lot. One unit (1828) has been fully upgraded.