711 Grant St | Santa Monica, CA 90405
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- LoopNet Team
711 Grant St
Santa Monica, CA 90405
Multifamily Property For Sale
·
6 Units
Investment Highlights
- High demand rental area with strong appreciation potential. Trust Sale – No court confirmation required.
- If you're considering a multi-family investment in Los Angeles, this property stands out for its location, unit mix, and income potential.
- Gross Rent Multiplier (GRM): 12.41 Capitalization Rate (CAP): 5.7%. Ideal for Owner-User or Investors. 1 unit vacant 2+1 $3200
- Close to beaches, shops, restaurants, and public transit
Property Facts
| No. Units | 6 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 6,128 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1956 |
| Building Class | C | Parking Ratio | 0.82/1,000 SF |
| Zoning | SMOP2* | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 6,128 SF |
| No. Stories | 2 |
| Year Built | 1956 |
| Parking Ratio | 0.82/1,000 SF |
| Zoning | SMOP2* |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $4,096 | - |
| 3+2 | 1 | $3,790 | - |
| 2+1 | 1 | $1,813 | - |
| 2+1 | 1 | $796.00 | - |
| 2+1 | 1 | $3,200 | - |
| 2+1 | 1 | $3,188 | - |
Property Taxes
| Parcel Number | 4289-002-014 | Improvements Assessment | $418,259 |
| Land Assessment | $1,062,901 | Total Assessment | $1,481,160 |
Property Taxes
Parcel Number
4289-002-014
Land Assessment
$1,062,901
Improvements Assessment
$418,259
Total Assessment
$1,481,160
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