844 6Th Street, Santa Monica, CA 90403
Property · 2 recorded sales since 2012
Sold August 2021
Listing Agent: Kenny Stevens (DRE #01090251) · Listing Office: Compass · Contact: 310-230-5478 · Bought with: Kenny Stevens · Compass · MLS #21745968 · Source: CRMLS
About this property
844 6th Street, a twelve unit value-add investment property located in the metropolitan beach community of Santa Monica. Located on a tree-lined residential block just South of Montana Avenue, the property is adjacent to the neighborhood's most popular shopping and dining destinations. Constructed in 1961, the 14,145 SF two-story building is comprised of (6) two-bedroom townhouse-style units, (4) one-bedroom units and (2) single units. The building features bright and spacious units averaging 1,200 SF each, and several units are equipped with private patios/balconies. Additional property amenities include a gated garage with approx. 14 parking spaces (with 2 additional covered spaces) and soft-story retrofitting has been completed. 844 6th Street presents a significant value-add opportunity to investors, as current rents are well below market value for nicely remodeled units in the area. 844 6th Street allows investors to acquire a phenomenal multifamily building in one of Los Angeles' premier beach communities, while having substantial financial upside.
Listing description from the August 2021 sale, as reported to CRMLS.
Sale history
