NOT LISTED FOR SALE
16 Beds
15 Baths
14,145 Sq Ft
7,481 Sq Ft Lot

Sale Details

Date Sold: August 6, 2021

Last sale price $6,300,000 $445 Per Sq Ft

16 Days on Market

Highlights

  • Gated Parking
  • Subterranean Parking
  • Laundry Facilities
  • Roosevelt Elementary School Rated A+

About This Home

As of August 2021

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.

Last Agent to Sell the Property

Kenny Stevens

Compass License #01090251 Listed on: 06/07/2021

Compass

Last Buyer's Agent

Kenny Stevens

Compass License #01090251 Listed on: 06/07/2021

Compass
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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

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

7,481 Sq Ft Lot

Parking

14

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 14145
  • Lot Acreage: 0.1717
  • Stories: 3
  • Year Built: 1961
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Common Walls: Attached
  • Laundry: Community
  • Total Bathrooms: 15.00
  • Price Per S Q F T: 424.18

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 14
  • Covered Parking: 2
  • Garage Structures: 1
  • Parking Garage: Gated, Subterr Side by Side, Covered Parking
  • Total Parking: 16

Lot Info

  • Assessor Parcel Number: 4292-009-010
  • Lot Location: Alley Access
  • Lot Size Area: 7481

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117
  • Gross Rent Multiplier: 22.35
  • Number Of Units: 12
  • Type Of Units: Apartments

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Wilshire Montana, CA

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $83,158 $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

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Map

Source: The MLS

MLS Number: 21-745968

The MLS
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