Santa Monica (CA) commercial apartment / condominium building for lease, Santa Monica (CA) commercial real estate for lease or rent

A Santa Monica apartment or condominium building for lease may be available from an owner in Santa Monica (CA) who doesn't want to sell because of tax reasons, and doesn't want the continued responsibility of day to day running the operation. Understand the motivation of the Santa Monica (CA) owner and make sure the numbers work.

Santa Monica rental properties make a great investment income, but having to pay large down payments for Santa Monica (CA) property can eat up capital you may need for future repairs or Santa Monica (CA) property improvements and developments, by utilizing a master lease option you can save the up-front costs, build equity into your Santa Monica (CA) property and finance via bank loans at a later date. Have a good lawyer write up your real estate contract to protect your future plans, and research the Santa Monica (CA) property for any bank holding or liens.