Asking Price: $2,245,000

We're pleased to present for sale, 707 Strand Street, a five-unit apartment building located in Santa Monica, California, one of the most desirable rental and beach communities in the country. Situated just seven blocks from the beach and walking distance to Main Street and prime Ocean Park, where there is a concentration of some of the most desirable dining, and retail in the city. The location boasts a "Very Walkable" 85, where most errands, shopping, and entertainment can be addressed within walking distance.The 1958 building consists of four (4) one-bedroom/one-bathroom units, and one (1) large two-bedroom/one-bathroom unit, with six (6) convenient parking spots on-site. All but one unit come with washer/dryer inside the unit, and three of the five units are completely turn-key and have immaculately been remodeled to achieve continued market rents. No retrofit is required for new ownership as well. *Unit #1, 3, 4, and 5 have August 2019 rent increases included.