1117 6th Street, Santa Monica, CA 90403
Property
Sold July 2026
Listing Agent: Michael Sterman (DRE #01911703) · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Jeffrey Louks · Marcus & Millichap · MLS #25583817 · Source: CRMLS
How this sale compares
1117 6th Street sold for $9,500,000 in July 2026, 7.3% under its $10,250,000 list price, after 272 days on the market. It was first listed at $12,400,000. That works out to $322 per square foot on 29,535 square feet. Across 97 closed sales in 90403 over the last 12 months, the median sold price is $1,755,100 and the median is $1,019 per square foot, 216% above this sale's $322.
| Quarter | Closed sales in 90403 | Median sold price |
|---|---|---|
| Q1 2026 | 4 | $1,552,500 |
| Q2 2026 | 50 | $1,575,000 |
| Q3 2026 | 37 | $1,865,000 |
| Q4 2026 | 6 | $2,084,918 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Santa Monica · Homes for sale in 90403
Description
$347 PER SF- NORTH OF WILSHIRE. 1117 6th Street presents a rare opportunity to acquire a well-located, 27-unit multifamily asset in the heart of Santa Monica, just six blocks from the beach and three blocks to the world-renowned 3rd Street Promenade. Built in 1971 and offered for sale for the first time in over 40 years, the property spans approximately 29,535 square feet on a 14,800 square foot lot and offers an ideal unit mix for the local tenant base: nine (9) 1-bedroom/1-bath units, ten(9) 1-bedroom/1.5-bath units with dens, six (7) 2-bedroom/2-bath units, and two (2) 2-bedroom/2-bath units with dens. Many units feature spacious floorplans, ample closet space, and extra storage. The building has undergone recent capital improvements, including a new roof installed just two years ago and completed balcony inspections and repairs, reducing near-term capital needs. Residents enjoy 42 gated garage parking spaces, controlled-access entry, onsite laundry facilities, and an elevator, all of which enhance tenant convenience and retention. The property is attractively priced at under $373 per square foot, offering investors significant value relative to comparable assets in this supply-constrained coastal market. With stable in-place income and meaningful upside through interior renovations and tenant turnover, 1117 6th Street presents a compelling blend of immediate cash flow and long-term appreciation potential. Situated in one of Southern California's most desirable rental markets with access to retail, dining, employment centers, and transit this asset is well-positioned for investors seeking a well-maintained building with growth potential.
Listing description from the July 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 1117 6th Street
1127 5th Street: Sold $2,205,000 · 13 bd · 8 ba · 6,366 sqft · Sep 2026 · 0.1 mi
1042 6th Street: Sold $4,450,000 · 8 bd · 16 ba · 9,900 sqft · Aug 2026 · 0.1 mi
Marcus & Millichap | DRE #00908473
Buyer's agent: Maria Santos Ortiz, Figure 8 Realty | DRE #021460821024 5th Street 3: Sold $852,600 · 2 bd · 2 ba · 945 sqft · Jul 2026 · 0.2 mi
Smart LA Realty | DRE #01822601
Buyer's agent: Tiffany Gatto, Smart LA Realty | DRE #018226011024 5th: Sold $793,500 · 2 bd · 2 ba · 953 sqft · Jul 2026 · 0.2 mi
Coldwell Banker Realty | DRE #02095630
Buyer's agent: George Tell, Coldwell Banker Realty | DRE #02095630806 Washington Avenue: Sold $1,485,000 · 2 bd · 3 ba · 1,568 sqft · Jun 2026 · 0.2 mi
The Condo Experts | DRE #01965604
Buyer's agent: Kathryn Conner, Pardee Properties | DRE #022218771014 9th Street 1: Sold $1,625,000 · 3 bd · 3 ba · 1,594 sqft · Jun 2026 · 0.2 mi
Compass | DRE #01975821
Buyer's agent: Molly Swing, Compass | DRE #021914781041 9th Street: Sold $3,900,000 · Jun 2026 · 0.2 mi
Rodeo Realty | DRE #00977263
Buyer's agent: Robert Sillman, Lyon Stahl Investment Real Estate, Inc. | DRE #02145409928 7th Street 3: Sold $1,380,000 · 3 bd · 3 ba · 1,590 sqft · Aug 2026 · 0.2 mi
Closed sales reported in 90403, nearest first, last 12 months. All recent sales in Santa Monica →