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
7,481
Sq Ft Lot
Highlights
- Gated Parking
- Subterranean Parking
- Laundry Facilities
- Roosevelt Elementary School Rated A+
About This Home
As of August 2021844 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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 7,481 Sq Ft Lot
Parking
- 14 Car Garage
- Subterranean Parking
- Gated Parking
Interior Spaces
- 14,145 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 16 Bedrooms
- 15 Bathrooms
Community Details
- 12 Units
- Laundry Facilities
Listing and Financial Details
- Assessor Parcel Number 4292-009-010
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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 |
|---|---|---|---|---|
| 08/06/2021 08/06/21 | Sold | $6,300,000 | +5.0% | $445 / Sq Ft |
| 06/23/2021 06/23/21 | Pending | -- | -- | -- |
| 06/07/2021 06/07/21 | For Sale | $6,000,000 | -- | $424 / Sq Ft |
Source: The MLS
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
Source: The MLS
MLS Number: 21-745968
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