The subject property is a five-unit residential income asset located at 2218 24th Street in the Sunset Park neighborhood of Santa Monica. Built in 1947 and zoned SMR1, the asset consists of a (1) 2-Bedroom / 1.5-Bath + Office front house, (3) 1-Bedroom / 1-Bath units, and (1) Bachelor / 1-Bath unit, totaling 3,412 rentable square feet on a 7,514 SF lot. The property is 100% occupied with substantial in-place rental upside, sitting just blocks from Whole Foods, Trader Joe’s, the Bergamot Expo Line station, and the Santa Monica beach. Positioned just blocks from Whole Foods Market, Trader Joe’s, and the Bergamot Expo Line station, the property benefits from one of the Westside’s most walkable submarkets, a quiet residential pocket with limited new supply, strong renter demand, and the long-term durability that defines Santa Monica multifamily.