1256 Chelsea Ave

Investors Dream or Development Opportunity!!! Amazing chance to own a 4 unit income property in PRIME Santa Monica. 3 UNITS have their own LARGE PRIVATE YARD/PATIOS perfect for entertaining, gardening, barbecuing, al-fresco dining, etc (except 1 unit). One block from St. John's Hospital (perfect for doctors/nurses who want to be close to hospital) minutes from the beach, steps to local shops, cafes, restaurants, close to transportation & schools. Two (2) units will be delivered VACANT so you can place your own tenants or live in the units. Detached 4 car garage to generate extra cash flow of $880/mo (buyer to verify). Scheduled gross rents of $10,180/month (buyer to verify). Possible DEVELOPMENT OPPORTUNITY while collecting rents (buyer to verify). Each unit has its own separate water heater; units have wood floors throughout, & remodeled kitchens.