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Santa Monica 90405
Investment Overview
Units:
Sqft:
Purchase Price:
Purchased:
8
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.
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