$6,995,000

1147 6th Street, Santa Monica, CA 90403

  • 12,327 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $567/sqft
  • Property List Date Icon Listed 2 months ago

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. There is an assumable loan until 12/2026.

Listing Status:
Active
Date Added:
September 29, 2025 at 05:00AM
Listing Office:
LA Commercial : 310-980-4562
Listing Agent:
Peter Ciriello : 310-980-4562
MLS ID:
CL25601217
  • A/C: None
  • Heating: Wall Furnace
  • Parking: None
  • County: Los Angeles
  • Zoning: SMR24292005013

This listing courtesy of Peter Ciriello, LA Commercial

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Roosevelt Elementary School

801 Montana Ave, Santa Monica, CA, 90403

Grades KG-5

0.57 miles away

L

Lincoln Middle School

1501 CA Ave, Santa Monica, CA, 90403

Grades 6-8

0.68 miles away

S

Santa Monica High School

601 Pico Blvd, Santa Monica, CA, 90405

Grades 9-12

0.92 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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