5 Unit Multifamily Investment Opportunity in Prime Santa Monica. This exceptional property offers a rare opportunity in an unbeatable Santa Monica location, just moments from the iconic Santa Monica Pier, Venice Beach, and the area's stunning coastline. With a current 5.00% cap rate and 13.06 GRM, there is upside potential to increase to a 5.48% cap rate and 12.27 GRM. Property Highlights* Front Duplex Perfect Owner Occupy Unit: Features a spacious 3 bedroom, 3 bathroom unit, perfect for owner occupancy (currently vacant). It offers flexibility to be used as a 2 bedroom, 2 bath unit with a 1 bedroom, 1 bath unit, each with private entrances, fireplaces, and patios. * Studio Unit: Includes a large private deck, ideal for added comfort and outdoor enjoyment. * Rear Units: Two well sized 1 bedroom, 1 bath units (600 SF each) (one of which is currently vacant) and one Bachelor unit. * Additional Amenities: A shared laundry room, four enclosed garages, and beautifully maintained grounds. All units boast separate entrances, hardwood floors, and tasteful finishes throughout. The property features 100% copper piping, an upgraded electrical panel, and offers spacious, well appointed interiors in each unit. This is an incredible opportunity for investors or an owner user seeking a flexible living arrangement in the highly desirable area of Santa Monica.***Owner User Opportunity: The vacant 3 bedroom, 3 bathroom front unit is perfect for an owner user, offering the flexibility to live in a spacious 2 bed***Prime Santa Monica Location: Moments from the Santa Monica Pier, Venice Beach, and the vibrant local lifestyle.***Modern Upgrades: Property features 100% copper piping, an updated electrical panel, a shared laundry room, four enclosed garages, and beautifully main***Upside Potential: Current 5.00% cap rate and 13.06 GRM with potential to achieve 5.48% cap rate and 12.27 GRM.***Spacious Units: All units are generously sized and include hardwood floors, separate entrances, and tasteful finishes.***CONTACT US FOR AN OM***