Best CAP rate in Santa Monica. Feel the cool ocean breeze on the warmest summer day from this high ROI property. 2 Bedroom, 1 bath detached Spanish detached home with 3-1 bedroom 1 bath well maintained with hardwood rentals in the rear of the property. 2 of the 1 bedroom units will be delivered unoccupied. Newer windows in two upstairs units in the back. Short distance to"hip" Ocean Park restaurants, gym, and public library. Buyer to perform own due diligence re Santa Monica rent control, square footage, and all financial data. Shared laundry room with laundry hookup in place which could add 1,500 in additional income per year. Great for owner user or as an investment property. All rents are current.