1147 6th Street, Santa Monica, CA 90403

• 12,327 sqft

Property Description

Reduced, but Seller needs to exchange. 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 short term assumable financing available (~$3,965,000 loan amount, fixed at 4.1% until 12/2026) .

Listing Status:

Active

Date Added:

September 29, 2025

Data Last Updated:

April 2, 2026 at 4:09PM

Listing Office:

LA Commercial : 310-980-4562

Listing Agent:

Peter Ciriello : 310-980-4562

MLS ID:

CL25601217

Interior

• A/C: None
• Heating: Wall Furnace

Exterior

• Parking: None

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: SMR24292005013

Financial

• Source: CRMLS