Santa Monica, CA 90403,1147 6th St
Santa Monica, CA 90403,1147 6th St
Santa Monica, CA 90403,1147 6th St
18
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$6,995,000
Est. payment /mo
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4 Beds
20 Baths
12,327 SqFt
Active

1147 6th St Santa Monica, CA 90403

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,327 sqft

Price per Sqft $567

MLS Listing ID 25601217

Bedrooms 4

Year Built 1930

Lot Size 7,507 Sqft

Acres 0.1723

Property Sub-Type Multi-Family

Property Description

Spanish style 20 unit property in Santa Monica near the 3rd Street Promenade. Offering 500-700 SF 1-bedroom and Junior 1-bedroom (alcove studio) units in an ultra prime location with walkable retail and dining options. The building consists of (16) Junior alcove 1 bedroom 1 bath units, and (4) 1 bedroom 1 bath units. The property boasts strong in place cash flow with rental upside coming from at least 2 ADUs that could be added to the property. The secure entryway, center hallway, offers a character building in a super location to an affluent renter demographic. The building is master-metered for gas and has street parking only. The Property has a basement with Laundry. The basement is big enough to add 2 ADUs, each approximately 300 SF. The property size offers immediate scale and a strong foothold in one of the West Side of Los Angeles most desirable submarkets. There is an assumable loan until 12/2026.

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMR2*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Refrigerator, Range/Oven, Built-Ins, Intercom

Exterior

Parking Features None

Building

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by LA Commercial

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Megan Vernia

Megan Vernia

Agent | RE.s.0191820

+1(425) 350-2089

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1147 6th St