1147 6th ST new Save Request In-Person Tour Request Virtual Tour
Santa Monica,CA 90403
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 12,327 sqft
Price per Sqft $592
MLS Listing ID 25601217
Bedrooms 4
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
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features None
Building
New Construction No
Others
Special Listing Condition Standard