REDUCED! ** VALUE ADD OPPORTUNITY **- Excellent value for a 5 unit building located between Ocean Park Blvd. and Pearl St. in the heart of Santa Monica. Walkable to Santa Monica College. Unit mix consisting of (4) 1 bed + 1 bath, and (1) studio unit. There are 3 private 1-car garages located off the alley and 2 front driveway parking spaces. Garden style building with large common patio and walkway allow for units to receive a lot of natural light. Building has 3,032 sf of living area on a 6,768 sf lot. Over 50% upside rent potential! Subject to City of Santa Monica Rent Control. No units will be delivered vacant. Listed by David Schuchman, Roque & Mark Company, Inc..