844 6th Street
844 6th Street
$6,300,000
16
15
14,145
14,145
$445
Sold 8/6/21
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Description
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...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 Agents
Property Details for 844 6th Street
Zoning
SMR2
Cross StreetsMontana Avenue & 6th Street
Parcel Number4292009010
Total Units12.0
Living Area14145
Source Living AreaVendor Enhanced
AreaSanta Monica (C14)
Vacancy Rate0
Location
LISTING UPDATED: 08/06/2021 09:41 AM
Property Details for 844 6th Street
Status | Sold |
---|---|
MLS # | 21-745968 |
Days on Market | 16 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1961 |
Lot Size | 0.17 AC / 7,481 SF |
County | Los Angeles County |
Location
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Building Information for 844 6th Street
Stories3Residences-Year Built1961Building Size-Lot Size0.17 AC / 7,481 SF
Payment Calculator
$40,778 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 844 6th Street
Property History for 844 6th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 844 6th Street
Taxable ValueLand$4,080,000Additions$2,346,510Total$6,426,510
Tax Record2023$76,753 ($6,396 / month)
Home Facts
Total Finished SqFt14,145 SqFtAbove Grade Finished SqFt14,145 SqFtLot Size7,481 SqFtStyleMulti-Family Res (5+ Units)Year Built1961ZoningSMR2*CountyLOS ANGELESAPN4292-009-010
Schools near 844 6th Street
This home is within Santa Monica-Malibu Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Roosevelt Elementary School PublicK to 5 | ||
Lincoln Middle School Public6 to 8 | ||
Santa Monica High School Public9 to 12 | ||
Santa Monica Alternative (K-8) School PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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