$4,450,000
Active
31 Days Online
13 Beds13 Baths7,764 SQFT
Active

1019 6th Street Santa Monica, CA 90403

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We are pleased to offer for sale an incredible multifamily asset located at 1019 6th Street in the heart of LA's famed beach city of Santa Monica. Originally built in 1956, the building boasts an ideal unit mix consisting of all large 1 & 2-bedroom floor plans. Each of these units is spacious, has a terrific layout, and offers an abundance of natural light. Perfect for a long-term investor, the property has incredible rental upside, an intercom entrance, ample on-site parking (soft story retrofit has been completed), all copper plumbing, a newer roof, as well as an on-site laundry facility. The unit mix includes (7) 1-bed, 1-bath units and (2) 2-bed, 2-bath units. Many of the units have been luxuriously upgraded to the highest standards with hardwood flooring, custom window shutters, stainless steel appliances and quartz countertops, central HVAC(select units), recessed lighting, upgraded electrical, and an in-unit washer and dryer (select units). This is a fantastic trophy asset in an undeniably attractive location that will be a perfect addition to an investor's portfolio. A quick stroll to downtown Santa Monica, Montana Avenue, and the beach, this property is situated close to all Santa Monica has to offer. With incredible in-place income, enormous rental upside potential, and a secured tenant base, 1019 6th Street gives buyers the unique opportunity to own a generational asset in one of LA's most prized and coveted locations.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site31 Days
  • MLS StatusActive
  • MLS ID Number24434419
  • Home Size Source N/A
  • Year Built1956
  • Lot Size0.1721 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Assigned
  • Parking Spaces 11
  • Number of Stories 22
  • Acreage 0.1721
  • Zoning SMR2*
  • Listing Conditions Standard

Interior Features

  • Cooling Central Air
  • Heating CentralWall Furnace

Community Features

  • Senior Community No
  • MLS Area C14 - Santa Monica

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Monthly Payment (Est.)

$21,619
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