$3,599,000

*Incredible opportunity to reposition this excellent asset or to redevelop entirely. *Set on an oversized lot of 7,500sf that measures 50 feet of frontage along Santa Monica Blvd and 150 deep with rear alley access. *Highly visible location - Over 30K cars each day drive along Santa Monica Blvd *Access to major tech employers, close proximity to Brentwood and West LA, along with all the world class attractions of Santa Monica Three separate buildings on site. Single story building that fronts SM Blvd is comprised of two side by side commercial units (month to month/ appx 1,500sf), a detached commercial unit with loft (month to month, appx 1,500sf ) and a rear building that is residential with three units totaling about 1,470sf (a 2/1, 1/1 and studio). All residential units on month to month. This property affords the buyer an opportunity to immediately reposition a stabilized asset as all the commercial leases are month to month. This works for an owner user or for an investor. Additionally, one can redevelop into a mixed use property and take advantage of density bonuses from the City of SM.

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