Presenting an incredible value add opportunity in the heart of Santa Monica! This property comes RTI for a 7 unit apartment building. Delivered fully vacant and one block from Montana Avenue. The plan features a tasteful renovation of the 4 existing apartments while adding 3 additional units. The charming courtyard style style configuration with (1) one bedroom and (3) two bedroom bungalow style units surrounding a sunlit gardenwith the opportunity to build an additional duplex on what is currently the center courtyard, and a studio ADU over the garage. Seller has plans and permits stamped and approved to build three ADUs and renovate the existing units into Class A Spanish style bungalows. A can't miss opportunity to build one of the few new construction apartment complexes in the most desirable renter's market in Los Angeles.