A three-story apartment building at 844 6th st, surrounded by lush greenery and colorful plants under a clear blue sky.

Closed Listing

12 Units in Santa Monica by Montana Avenue

844 6th st

sold in

Santa Monica

12

Number of Units

1961

Year Built

14,145

SF

Square Footage

7,481

SF

Lot Size

SMR2

Zoning

844 6th St, Santa Monica, CA 90403

About the Property

844 6th St, 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.

12

Number of Units

1961

Year Built

14,145

SF

Square Footage

7,481

SF

Lot Size

SMR2

Zoning

Price P/ Unit

$525,000

Price p/ Sq. ft.

$445

Proforma Cap Rate

5.47%

Contact

Sales agent

A multi-story multifamily building at 844 6th at, surrounded by greenery, with parked cars visible in front.
A multi-story multifamily building at 844 6th at, surrounded by greenery, with parked cars visible in front.
A multi-story multifamily building at 844 6th at, surrounded by greenery, with parked cars visible in front.
A multi-story multifamily building at 844 6th at, surrounded by greenery, with parked cars visible in front.
A view of a white building's balcony at 844 6th st, with plants and blue sky in the background.
A view of a white building's balcony at 844 6th st, with plants and blue sky in the background.
A view of a white building's balcony at 844 6th st, with plants and blue sky in the background.
A view of a white building's balcony at 844 6th st, with plants and blue sky in the background.
Modern white multifamily building at 844 6th at, with multiple windows, set against a clear blue sky.
Modern white multifamily building at 844 6th at, with multiple windows, set against a clear blue sky.
Modern white multifamily building at 844 6th at, with multiple windows, set against a clear blue sky.
Modern white multifamily building at 844 6th at, with multiple windows, set against a clear blue sky.
A spacious underground parking garage at 844 6th st, with several parked cars, including a blue and a red vehicle.
A spacious underground parking garage at 844 6th st, with several parked cars, including a blue and a red vehicle.
A spacious underground parking garage at 844 6th st, with several parked cars, including a blue and a red vehicle.
A spacious underground parking garage at 844 6th st, with several parked cars, including a blue and a red vehicle.

Video

MEET THE TEAM

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Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.