This exceptional six-unit apartment building in prime Santa Monica, located west of Lincoln Boulevard, offers a rare investment opportunity with 12.41 GRM and 5.7 CAP rate. This property offers an ideal mix and spacious layout of (2) two story townhome style 3+2 units and the back building has (4) 2+1 units with one currently vacant, making it a perfect opportunity for an owner-user or for immediate rental income. With its desirable location, strong unit mix, and upside rental potential, this property is a standout choice for investors or buyers seeking a versatile and valuable asset in one of LA's most sought-after neighborhoods. Trust Sale - NO Court Confirmation Required. No request for repairs or credit will be considered. Do Not Disturb Tenants. Do Not Walk Property, please.
Listed by Linda Light
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License #00786737
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Coldwell Banker Realty
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310-963-7010
Listed by Janet Singleton
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License #01083219
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Coldwell Banker Realty
Last updated October 22, 2025
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Source: CRMLS #25605581
Listing Facts
TypeMulti-family
NeighborhoodOcean Park
Bedrooms14
Days on Prevu8
Size6,128 sqft
Price per sqft$401
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/14/2025
Listed by Coldwell Banker Realty
$2,459,000
Property Details for 711 Grant Street
Exterior
Construction
Number Of Units Total: 6
Property Attached: Yes
Stories: 2
Stories Total: 2
Window Features: Double Pane Windows
Year Built: 1956
Architectural Style: Traditional
Common Walls: 1 Common Wall
Features
Direction Faces: South
Measurements
Building Area Total: 6,128
Lot Size Acres: 0.18
Lot Size Area: 8,086
Lot Size Dimensions: 50,162
Lot Size Square Feet: 8,086
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.0
Gross Income: $198,912.00
Taxes
Parcel Number: 4289002014
Interior
Features
Fireplace Features: Bath, Kitchen, Living Room
Fireplace: Yes
Flooring: Wood
Interior Features: Ceiling Fan(s)
Measurements
Living Area: 6,128
Rooms
Bathrooms Total Integer: 8
Bedrooms Total: 14
Parking
Parking
Open Parking Spaces: 5
Parking Features: Assigned, Uncovered
Parking Total: 5
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Laundry Features: Common Area
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
