PRICE REDUCED by $1.25MM! $473K Per Unit. This Won't Last Long! Rents shown are Averages; Detailed rent roll available on PROPERTY WEBSITE (see private remarks). 858-860 3rd Street Highlights: Irreplaceable Santa Monica location; three blocks to beach. Tremendous rental upside - 6.0% cap at market. Rare opportunity - first time on market in 30 years - Has not been in escrow; 22,527~ SF corner lot (courtyard style); Desirable unit mix of 14 one bedrooms and 14 two bedrooms; Walk to Shops, Dining on Montana Avenue and 3rd Street Promenade. Additional APN: 4292-024-011.
Courtesy of Berkadia, Adrienne Barr. Selling Office: Non-Participant Office.
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