1147 6th Street, Santa Monica, CA 90403
- 12,327 sqft
other
Built in 1930
7,405sqft lot
—— car garage
$567/sqft
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
- Parking: None
- County: Los Angeles
- Zoning: SMR24292005013
This listing courtesy of Peter Ciriello, LA Commercial
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Roosevelt Elementary School
801 Montana Ave, Santa Monica, CA, 90403
Grades KG-5
0.57 miles away
Lincoln Middle School
1501 CA Ave, Santa Monica, CA, 90403
Grades 6-8
0.68 miles away
Santa Monica High School
601 Pico Blvd, Santa Monica, CA, 90405
Grades 9-12
0.92 miles away


