We are pleased to offer for sale an incredible multifamily asset

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Home Sale Pending

1019 6th St

Santa Monica, California 90403

Los Angeles County

Community: 

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$4,450,000 13 br, 0.0 bath 7764 sq. ft. 0.172 acres

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.

Interior:
  • Bedrooms: 13
  • Baths: 0.0
  • Sq Ft: 7764
  • Year Built: 1956
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: Central Furnace
  • Garage: Assigned
Exterior:
  • Lot Size: 0.172 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: 
  • MLS #: 24-434419
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Contact Information:
Beach Home Sale Pending in Santa Monica, California
Listing Agent: Jonathan Taksa, RE/MAX Commercial & Investment, 213-817-1000, 213-817-1000 Listing Site, Listing Status: Pending
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5339051
Viewed 32 times.
Updated: Oct 27, 2024

This property is a Home located at 1019 6th St, Santa Monica, California 90403, and is currently Sale Pending at $4,450,000. This Home has 13 bedrooms, 0.0 baths, 7764 sq ft.

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