1147 6th St

Spanish style 20 unit property in Santa Monica near the 3rd Street Promenade.

Offering 500-700 SF 1-bedroom and Junior 1-bedroom (alcove studio) units in an ultra prime location with walkable retail and dining options. The building consists of (16) Junior alcove 1 bedroom 1 bath units, and (4) 1 bedroom 1 bath units. The property boasts strong in place cash flow with rental upside coming from at least 2 ADUs that could be added to the property. The secure entryway, center hallway, offers a character building in a super location to an affluent renter demographic. The building is master-metered for gas and has street parking only. The Property has a basement with Laundry. The basement is big enough to add 2 ADUs, each approximately 300 SF. The property size offers immediate scale and a strong foothold in one of the West Side of Los Angeles most desirable submarkets. There is an assumable loan until 12/2026.

This home located at 1147 6th St is currently active and has been available on pardeeproperties.com for 14 days. This property is listed at $6,995,000. It has 4 beds and 20 bathrooms. The property was built in 1930. 1147 6th St is in the Santa Monica community of County.

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