Seller's Agent in 2021
Kenny Stevens
Compass
(424) 284-4453
3 in this area
43 Total Sales
844 6th St Santa Monica, CA 90403
Wilshire Montana Neighborhood
16
Beds
15
Baths
14,145
Sq Ft
7,405
Sq Ft Lot
About This Home
844 6th Street, a twelve unit value-add investment property located in the metropolitan beach community of Santa Monica. Located on a tree-lined residential block just South of Montana Avenue, the property is adjacent to the neighborhood's most popular shopping and dining destinations. Constructed in 1961, the 14,145 SF two-story building is comprised of (6) two-bedroom townhouse-style units, (4) one-bedroom units and (2) single units. The building features bright and spacious units averaging 1,200 SF each, and several units are equipped with private patios/balconies. Additional property amenities include a gated garage with approx. 14 parking spaces (with 2 additional covered spaces) and soft-story retrofitting has been completed. 844 6th Street presents a significant value-add opportunity to investors, as current rents are well below market value for nicely remodeled units in the area. 844 6th Street allows investors to acquire a phenomenal multifamily building in one of Los Angeles' premier beach communities, while having substantial financial upside.
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/06/2021 08/06/21 | Sold | $6,300,000 | +5.0% | $445 / Sq Ft | View Prior Sale |
| 06/23/2021 06/23/21 | Pending | -- | -- | -- | |
| 06/07/2021 06/07/21 | For Sale | $6,000,000 | -- | $424 / Sq Ft |
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $77,976 | $6,685,610 | $4,244,832 | $2,440,778 |
| 2024 | $77,976 | $6,554,520 | $4,161,600 | $2,392,920 |
| 2023 | $76,753 | $6,426,000 | $4,080,000 | $2,346,000 |
| 2022 | $75,847 | $6,300,000 | $4,000,000 | $2,300,000 |
| 2021 | $50,841 | $4,183,246 | $2,928,273 | $1,254,973 |
| 2020 | $50,495 | $4,140,863 | $2,898,248 | $1,242,615 |
| 2019 | $50,010 | $4,059,680 | $2,841,420 | $1,218,260 |
| 2018 | $47,045 | $3,980,089 | $2,785,706 | $1,194,383 |
| 2016 | $45,201 | $3,825,049 | $2,677,535 | $1,147,514 |
| 2015 | $44,631 | $3,767,594 | $2,637,316 | $1,130,278 |
| 2014 | $44,047 | $3,693,793 | $2,585,655 | $1,108,138 |
Source: Public Records
Agents Affiliated with this Home
-
Kenny Stevens
Map
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