Six unit investment opportunity in Santa Monica featuring upside, low price per foot, large units, parking and location. The asset is generating $156k in gross income with potential income of $234k. Two units are currently vacant and one tenant is delinquent in rent since August. Most units have fire places, porch/balcony, dining areas and room for in-unit washer dryers, ready for an opportunistic investor to implement a luxury remodel and value add investment strategy. The location attracts ideal tenants seeking close proximity to tech companies, boutique & luxury shopping, world class beaches, award winning restaurants and a walkable, healthy, fun, lifestyle that demands premium rents. The building is under Santa Monica rent control. Each unit offers spacious, efficient and bright floor plans including two, townhome units. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify all the information and bears all risk for any inaccuracy.