$1,850,000
Active
16 Days Online
4 Beds4 Baths2,000 SQFT
Active
1940 6th Street Santa Monica, CA 90405
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site16 Days
- MLS StatusActive
- MLS ID Number24392937
- Home Size Source N/A
- Year Built1955
- Lot Size0.1347 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Paved
- Parking Spaces 0
- Number of Stories 10
- Acreage 0.1347
- Zoning SMOP2*
- Listing Conditions Standard
Interior Features
- Cooling None
- Laundry Features Washer IncludedDryer Included
Community Features
- Senior Community No
- MLS Area C14 - Santa Monica
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Monthly Payment (Est.)
$9,876Copyright ©2024 Information is deemed reliable but not guaranteed.