1940 6th St
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SOLD

1940 6th St

Santa Monica, CA 90405

OFFERING

$1,750,000

UNITS
4 Units
BUILDING
5,866 sq ft lot
YEAR BUILT
1955
STATUS
Sold

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.

For confidential offering details — including pro forma, in-place rents, current expenses, financing assumptions, and tour scheduling — request the full package below. Most of our transactions are handled discreetly between qualified parties.

GALLERY
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Confidential. No pressure.