Log In/Sign Up
Your email has been sent.
1114 6th St
Santa Monica, CA 90403
Multifamily Property For Sale
·
15 Units
Executive Summary
• First time on the market in 16 years, presenting a rare opportunity to acquire a well-located, historically high occupied asset at a 6.22% adjusted in-place cap with opportunity to reach a 7.46% pro forma cap
• Select units feature newly remodeled interiors with hardwood flooring, stainless steel kitchens with granite countertops, spacious living areas opening to private balconies, large bedrooms with ample closet space, and in-unit washer/dryers, and new windows. The Property provides a parking ratio exceeding one space per unit, with a majority of stalls located in rare subterranean parking.
• Residents benefit from a convenient elevator and recent capital improvements, including new plumbing and electrical systems, energy-efficient windows, and a new 2022 roof
• Positioned in Santa Monica’s highly sought-after North of Wilshire neighborhood, blocks to Montana Avenue, Santa Monica Beach, Palisades Park, and the 7th Street Steps
• The property offers immediate access to world-class dining, retail, and outdoor amenities while maintaining a quiet residential setting, supporting strong and durable renter demand
• Select units feature newly remodeled interiors with hardwood flooring, stainless steel kitchens with granite countertops, spacious living areas opening to private balconies, large bedrooms with ample closet space, and in-unit washer/dryers, and new windows. The Property provides a parking ratio exceeding one space per unit, with a majority of stalls located in rare subterranean parking.
• Residents benefit from a convenient elevator and recent capital improvements, including new plumbing and electrical systems, energy-efficient windows, and a new 2022 roof
• Positioned in Santa Monica’s highly sought-after North of Wilshire neighborhood, blocks to Montana Avenue, Santa Monica Beach, Palisades Park, and the 7th Street Steps
• The property offers immediate access to world-class dining, retail, and outdoor amenities while maintaining a quiet residential setting, supporting strong and durable renter demand
Property Facts
| Price Per Unit | $533,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| No. Units | 15 | Building Size | 15,156 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1961 |
| Apartment Style | Low-Rise | Parking Ratio | 0.99/1,000 SF |
| Zoning | R4, Santa Monica | ||
| Price Per Unit | $533,000 |
| Sale Type | Investment |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 15,156 SF |
| No. Stories | 3 |
| Year Built | 1961 |
| Parking Ratio | 0.99/1,000 SF |
| Zoning | R4, Santa Monica |
Amenities
Unit Amenities
- Balcony
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 15 | - | 950 - 975 |
Property Taxes
| Parcel Number | 4292-012-004 | Improvements Assessment | $1,807,149 |
| Land Assessment | $3,356,141 | Total Assessment | $5,163,290 |
Property Taxes
Parcel Number
4292-012-004
Land Assessment
$3,356,141
Improvements Assessment
$1,807,149
Total Assessment
$5,163,290
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
