Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 1307 17th Street, a seven-unit multifamily investment located in the supply constrained city of Santa Monica, CA. The property features 4,004 square feet of rentable area and is situated on a 11,259-square foot lot. The seven-unit building is composed of a all one-bedroom bungalow style units. The building has been well-maintained and offers on-site parking and laundry facilities for tenants. The property is situated in one of the trendiest locations in Los Angeles, sitting just south of Wilshire Boulevard, sandwiched between 18th Street to the east and 16th Street to the west. This prime location offers a tremendous amount of dining, shopping, and entertainment destinations in walking distance of the property, while being a short commute to major employment centers such as Brentwood, Beverly Hills, West Hollywood, Venice Beach, and Culver City. 1307 17th Street provides a qualified investor with the rare opportunity to acquire an irreplaceable asset in the highly desirable beach front neighborhood of Santa Monica.