917 6th Street,Santa Monica, CA 90403
Year Built
Price
Price Per Unit
Price per SF
Current Cap Rate
Market Cap Rate
Current GRM
Market GRM
917 6th Street,Santa Monica, CA 90403
Price
Price per SF
Price Per Unit
Price per SF
Current Cap Rate
Market Cap Rate
Year Built
Current GRM
Market GRM
917 6th Street is an 11-unit investment asset located in prime Santa Monica, north of Wilshire Boulevard. The property consists of a desirable mix of four 2BD/1.5BA units and (7) 1BD/1BA units.
All units are bright and spacious – five renovated with beautiful modern fixtures and finishes. Onsite laundry facilities provide income currently and ample parking of 12 parking spaces may provide additional income.
The building has been updated with a new roof, new windows, updated electrical system, and mostly copper plumbing.
External upgrades include new paint, new fence/security gate and drought-tolerant landscaping, creatiing attractive curb appeal. Seismic retrofitting has been completed.
Located in one of the most desirable rental areas in Santa Monica, north of Wilshire Boulevard, just two blocks from the shopping and dining amenities along Montana Avenue. The property is in close proximity to the beach, 3rd Street Promenade and employment opportunities with a plethora of media and technology companies within a 3-mile radius.