Residential Income Details
We are excited to present 914 7th Street! A charming property just 10 minutes from the beach! This 12 unit building rests in one of the most stunning areas of the Southern California Coastline & boasts some of the highest walk, bike, and transit scores in the city, along with major access points within walking distance, including the 3rd Street Promenade, Santa Monica Pier, and the stores of Wilshire Boulevard & Montana Ave. A prime investment opportunity, this building also has an incredibly attractive pro forma cap rate, showing major upside in rents and will be delivered with 8 units vacant, allowing any prospective owner to capitalize massively on the rising rental market. Additionally, owner users can fully renovate & live in their dream home in a highly desirable area, while their tenants help pay the mortgage! Do not miss this potential goldmine!
|Number of Units||12|
|Listing Brokerage||Realty Investment Advisors, In|
|Listing Agent||Benjamin J. Hsiang|
|Listing Agent BRE #||02063191|
|Co-Listing Agent||Don Favia|
|Co-Listing Agent BRE #||01841258|
Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, August 16, 2018.
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