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2319 6th St
Santa Monica, CA 90405

$3,550,000 USD

Apartments For Sale • 9,399 SF

Property Details

Property Type Apartments
Total Building Size 9,399 SF
Lot Size 0.26 AC
Building Class C
Year Built 1965
Zoning SMOP2*

61 Transit Score

90 Walk Score

                
                    Highlights
                
                                Premier Ocean Park of Santa Monica Location (Walk to Main Street and the beach)
                            
                                Great unit mix of 80% 2-bed, 2-bath floor plans
                            
                                Massive rental upside
                            
                                Ample parking: Soft story retrofit has been completed
                            
                                Excellent value add opportunity

Financial Summary (Proforma)

Net Operating Income: $134,783 USD (2024)

Total Expenses:

$81,646 USD

Public Transportation

Transit/Subway	Drive	Walk	Distance
Downtown Santa Monica (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	16 min	0.9 mi
Airport	Drive	Walk	Distance
Los Angeles International	15 min	-	7.9 mi
Bob Hope	33 min	-	22.7 mi
Long Beach (Daugherty Field)	37 min	-	27.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	15
Type:	Covered
Included in Rent:	Yes

Jonathan Taksa 310-968-5303 RE/MAX Commercial & Investment Realty

2319 6th St Santa Monica, CA 90405