711 Grant St - Apartments FOR SALE


Santa Monica, CA 90405- Ocean Park
$2,495,000 USD
310-963-7010
711 Grant St, Santa Monica, CA for Sale
$2,495,000 USD
Apartments - FOR SALE
1/3
null | 5.87% Cap Rate

711 Grant St
Santa Monica, CA 90405
Ocean Park


HIGHLIGHTS

  • Three Units Vacant! Including (2) two-story townhome-style used as 3bd+2ba units and (1) 2bd+1ba unit.
  • Perfect for Owner/User or an Investor! Excellent 1031 Exchange Opportunity.
  • Fantastic Location West of Lincoln.
  • Trust Sale - No Court Confirmation Required.
  • Easy to See! Call Linda Light at 310-963-7010.

OVERVIEW

NOW PRICED AT $2,495,000—This is an opportunity to acquire a six-unit multifamily asset in prime Santa Monica, west of Lincoln Boulevard. Situated on a lot of 8,083 SF, 711 Grant Street offers immediate income growth, value-add potential, and long-term appreciation .s most supply-constrained rental markets. The property features a desirable and diversified unit mix with two buildings: Two townhome-style units acting as 3 bedroom and 2 baths in the front structure — both delivered vacant. Four 2BR/1BA units in the rear building — one vacant, providing additional immediate lease-up potential and renovation upside for the 3 vacant units. Located in an amenity-rich coastal neighborhood, the property is minutes from Santa Monica College, the Metro E-Line, and major employment hubs throughout Silicon Beach. Proximity to Abbot Kinney, Main Street, healthcare centers, and entertainment corridors ensures consistent renter interest and long-term stability. Offered as a trust sale with no court confirmation required, this asset presents a compelling opportunity for investors seeking value-add upside, 1031 exchange placement, or a perfect owner using opportunity

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$407 USD /SF

# OF UNITS

6

PRICE/UNIT

$415,833

CAP RATE

5.87%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,083 SF

ZONING

SMOP2*

APN/PARCEL ID

4289-002-014

ASK ABOUT THIS PROPERTY

Linda LightColdwell Banker RealtyMore Info
310-963-7010

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Linda LightColdwell Banker RealtyMore Info
310-963-7010

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.