Pending

1117 6th Street

Santa Monica, CA 90403
Mark as Favorite
Bed 36

Bed

Bath 0

Bath

SqFt29,535

Sqft

SqFt15,019

Sqft(Lot)

$347 PER SF- NORTH OF WILSHIRE. 1117 6th Street presents a rare opportunity to acquire a well-located, 27-unit multifamily asset in the heart of Santa Monica, just six blocks from the beach and three blocks to the world-renowned 3rd Street Promenade. Built in 1971 and offered for sale for the first time in over 40 years, the property spans approximately 29,535 square feet on a 14,800 square foot lot and offers an ideal unit mix for the local tenant base: nine (9) 1-bedroom/1-bath units, ten(9) 1-bedroom/1.5-bath units with dens, six (7) 2-bedroom/2-bath units, and two (2) 2-bedroom/2-bath units with dens. Many units feature spacious floorplans, ample closet space, and extra storage. The building has undergone recent capital improvements, including a new roof installed just two years ago an d completed balcony inspections and repairs, reducing near-term capital needs. Residents enjoy 42 gated garage parking spaces, controlled-access entry, onsite laundry facilities, and an elevator, all of which enhance tenant convenience and retention. The property is attractively priced at under $373 per square foot, offering investors significant value relative to comparable assets in this supply-constrained coastal market. With stable in-place income and meaningful upside through interior renovations and tenant turnover, 1117 6th Street presents a compelling blend of immediate cash flow and long-term appreciation potential. Situated in one of Southern California's most desirable rental markets with access to retail, dining, employment centers, and transit this asset is well-positioned for investors seeking a well-maintained building with growth potential.

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Detail Ic Property Details

Property Type : Residential Income

Price : $10,250,000

AD Id : 66751242

MLS Id : 25583817

Beds : 36

Lot Size : 15,019 Sqft

Living Area Size : 29,535

Year Built : 1971

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 36

    Bathroom Information

    Total Baths: 45 Full Baths: 0 Half Baths: 0

  • Building Information

    Year Built: 1971 Building Area Total: 29,535

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.3448 Lot Size Dimensions: 100x150
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 15019

  • Listing Price Information

    Original List Price: 10,250,000 Listing Contract Date: 2025-08-27
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 4292005028

  • Garage and Parking

    Garage Description: Gated

    Homeowners Association

  • Other Property Info

    Source Listing Status: Pending Source Neighborhood: C14 - Santa Monica Directions: On 6th St between California Ave and Wilshire Blvd Zoning: SMR2* Source Property Type: Residential Income Area: C14 - Santa Monica
  • Building and Construction

    Property Age: 55 Year Built Source: Vendor Enhanced Total Square Feet Living: 29535 Levels or Stories: Multi/Split
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1015 Franklin Street, Santa Monica, CA, 90403 $9,995,000 5 7 10,487 10,487 SqFt
2825 Washington Avenue, Santa Monica, CA, 90403 $3,395,000 3 2 1,511 1,511 SqFt
943 Princeton Street, Santa Monica, CA, 90403 $3,595,000 2 2 1,633 1,633 SqFt
928 26th Street, Santa Monica, CA, 90403 $3,095,000 6 7 4,285 4,285 SqFt
1060 22nd Street, Santa Monica, CA, 90403 $2,498,000 2 -- 1,240 1,240 SqFt
1018 21st Street, Santa Monica, CA, 90403 $2,659,000 11 -- 5,734 5,734 SqFt
2021 Idaho Avenue, Santa Monica, CA, 90403 $1,499,000 2 2 1,019 1,019 SqFt
914 20th Street, Santa Monica, CA, 90403 $3,550,000 7 -- 3,882 3,882 SqFt
914 18th Street, Santa Monica, CA, 90403 $2,550,000 7 -- 5,100 5,100 SqFt
921 16th Street, Santa Monica, CA, 90403 $5,595,000 9 -- 5,268 5,268 SqFt

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ByOwner last updated this listing 06/15/2026 @ 03:09

MLS: 25583817 LISTED BY: Michael Sterman, Marcus & Millichap 818-212-2700 SOURCE: CRMLS

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