Santa Monica 90405

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Investment Overview

Units:

Sqft:

Purchase Price:

Purchased:

5,519

$2,875,000

July 2022

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Deal Story

This trophy asset sits in the heart of Ocean Park Santa Monica. TGG purchased the property as a 1031 exchange with strong in-place cash flow. There remains additional upside by renovating the interior units and converting the garages to ADUs.