Santa Monica, CA 90403,1019 6th ST
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Santa Monica, CA 90403,1019 6th ST
Santa Monica, CA 90403,1019 6th ST
Santa Monica, CA 90403,1019 6th ST
Santa Monica, CA 90403,1019 6th ST

$4,314,420

Est. payment /mo

$4,450,000

3.0%
Est.Price: ?

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1019 6th ST Santa Monica, CA 90403

13 Beds

13 Baths

7,764 SqFt

SOLD DATE : 11/25/2024

Key Details

Sold Price $4,314,420

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,764 sqft

Price per Sqft $555

MLS Listing ID 24434419

Sold Date 11/25/24

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

Parking Features 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

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California Regional MLS (CRMLS)
Listed by Jonathan Taksa • Remax Commercial and Investment Realty
Bought with Cameron Jacques • Kinnery's Brokerage House

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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