$ 4,450,000
1019 6th ST Santa Monica, CA 90403
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$ 4,450,000
Est. payment | /mo
13 Beds
13 Baths
7,764 SqFt
$ 4,450,000
Est. payment | /mo
13 Beds
13 Baths
7,764 SqFt
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 7,764 sqft
Price per Sqft $573
MLS Listing ID 24434419
Bedrooms 13
HOA Y/N No
Year Built 1956
Lot Size 7,496 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Heating Central, Wall Furnace
Cooling Central Air
Fireplace No
Exterior
Garage Assigned
Total Parking Spaces 11
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4292006018
Special Listing Condition Standard
Listed by Jonathan Taksa • Remax Commercial and Investment Realty
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Jamie Ambrose
License ID: 02113379
23670 Hawthorne Blvd # 100, Torrance, CA, 90505, United States