1940 6th Street
Santa Monica, CA 90405
- – beds
- – baths
- – sqft
- 5,866 sqft lot
- 1955 build
- – on site
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.
Listed By CRMLS_CA / David Messiah / Lyon Stahl Investment Real Estate, Inc.
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Last updated May 24, 2024
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MLS# 24392937 —
This property is listed in more than one place. See it here.
Walk Score®
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Bike Score®
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Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/16/24
May 16, 2024
|
Listed / Active | CRMLS_CA | $1,850,000 |