Residential Income - Santa Monica, CA

1537 15th Street is part of "The Queen's Necklace Portfolio," a 3-building, class-A asset group of apartment buildings located in Malibu and Santa Monica. 1537 15th is a trophy property constructed in 1990 and comprised of 3-story, townhome-style units over a subterranean parking garage. Each unit has its own washer\/dryer, gas fireplace, patio and balcony. Built in 1990, all the plumbing is copper and all units have central A\/C and heat. Residents can walk to the Third Street Promenade and the Santa Monica Pier. The property is also attractive to international students as it is less than one mile to Santa Monica Community College(SMC). The property is occupied so please do not disturb the tenants.