1147 6th ST, Santa Monica, CA 90403 - MLS#25601217

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 6,995,000

Est. payment | -/mo

4 Beds

20 Baths

12,327 SqFt

Save

$ 6,995,000

Est. payment | -/mo

Save

4 Beds

20 Baths

12,327 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 12,327 sqft

Price per Sqft $567

MLS Listing ID 25601217

Bedrooms 4

HOA Y/N No

Year Built 1930

Lot Size 7,505 Sqft

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 C14 - Santa Monica

Zoning SMR2*

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Refrigerator

Exterior

Parking Features None

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4292005013

Financing Assumed

Special Listing Condition Standard

Listed by Peter Ciriello LA Commercial

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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1147 6th ST Santa Monica, CA 90403