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.
Features
: No
: Central, Wall Furnace
: Central Air
: No
: No
: 11
: Assigned
Address Map
U.S.
California
Los Angeles
Santa Monica
90403
1019 6th Street
0
W119° 30' 4.2''
N34° 1' 23.4''
MLS Addon
$0
7,764 Sqft
: No
: No
5.16
8
Prime North of Wilshire location. Walking distance to Montana Avenue and the beach.
: No
2

Residential Income For Sale Santa Monica

1019 6th Street, Santa Monica, Los Angeles, California, 90403

13 Bedrooms
7,764 Sqft
Visits : 12 in 17 days
$4,450,000
Listing ID #24434419
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 24434419
Price : $4,450,000
Bedrooms : 13
Square Footage : 7,764 Sqft
Year Built : 1956
Lot Area : 7,496 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
Mortgage Calculator
$
$ %
years
%
$ %per year
$

$
Style Selector
Select the layout
Choose the theme
Preset colors
No Preset
Select the pattern