825 Idaho Avenue, Santa Monica

Eric Sackler & Associates is proud to present this PERFECT jewel box building, ideally located just one block from Montana Avenue on one of the best corners in Santa Monica. First time on the market in more the 60 years, this CHARMING 4-plex checks all the right boxes for both an investor and an owner/user: MASSIVE rental upside; PRIME location with FANTASTIC walk score; ALL tenants current on their rent; IN-UNIT washers & dryers; current tenants WALK TO EVERYTHING, from grocery stores to restaurants to shopping, entertainment & schools. GREAT school district. Close proximity to Ocean Avenue and the Third Street Promenade.

• 4-Unit Apt: All 2 BD + 1 BA with Washer/Dryers
• 3,948 SF Building on 7,476 SF R2 Lot
• Current Monthly Rent: $7,645. Market Rent: $14,000 Huge Upside!
• Current GRM: 28.34, Market GRM: 15.48

Offered at $2,600,000