$ 4,450,000
1019 6th Street Santa Monica, CA 90403
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 4,450,000
Est. payment /mo
Pending
1019 6th Street Santa Monica, CA 90403
7,764 SqFt
UPDATED:
11/08/2024 09:55 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 7,764 sqft
Price per Sqft $573
MLS Listing ID CL24434419
HOA Y/N No
Year Built 1956
Lot Size 7,496 Sqft
Acres 0.17
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
Location
State CA
County Los Angeles
Area Listing
Zoning SMR2
Interior
Heating Wall Furnace, Other
Cooling Central Air
Fireplace No
Building
New Construction No
Others
Tax ID 4292006018
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Listed by Jonathan Taksa • Remax Commercial and Investment Realty