$1,750,000
$1,850,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
1940 6th ST Santa Monica, CA 90405
4 Beds
4 Baths
2,000 SqFt
Key Details
Sold Price $1,750,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $875
MLS Listing ID 24392937
Bedrooms 4
Year Built 1955
Lot Size 5,867 Sqft
Property Description
Incredible Value-Add Opportunity - Will be Delivered With TWO VACANT Units, Giving Flexibility to a Buyer to Either Move in or Renovate to Achieve Top-Tier Rents. The Building is Situated on a 5,866 Square Foot Corner Lot and Features 8 Parking Spaces, In-Unit Washer and Dryers, and Patio Space. Priced at $462,500 Per Unit and a ProForma GRM of 14.38. Ideal For an Owner-Occupant Seeking to Offset Their Mortgage with Rental Income or an Investor Looking to Utilize Residential Financing with 75% LTV.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMOP2*
Interior
Cooling None
Exterior
Parking Features Paved
Building
New Construction No
Others
Special Listing Condition Standard
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Bought with Amy Snider • Compass