711 Grant Street in Santa Monica is currently listed for $2,459,000 and offers a strong investment profile with a 12.41 GRM and 5.7% CAP rate. 6 units total 2 separate buildings: Front Building: (2) Townhome-style units: 3 bedrooms, 2 bathrooms, Rear building: (4) 2 bedrooms, 1 bathroom Building Size: 6,128 sq ft, Lot 8,083 sq ft., Year Built: 1956, Investment Metrics, Gross Rent Multiplier (GRM): 12.41, Capitalization Rate (CAP): 5.7% Current Vacancy: 1 unit vacant, offering immediate rental income potential Location Benefits: Situated west of Lincoln Boulevard in the highly desirable Ocean Park neighborhood of Santa Monica Close to beaches, shops, restaurants, and public transit High demand rental area with strong appreciation potential Trust Sale – No court confirmation, Ideal for owner-users or investors looking for a mix of stable income and upside potential Traditional architecture with features like wood flooring and double-pane windows, 4 units updated If you're considering a multi-family investment in Los Angeles, this property stands out for its location, unit mix, and income potential.