• Prime Coastal Location – Six blocks from the beach and steps to 3rd Street Promenade, Montana Avenue, and public transit.
• Spacious Units with Storage – Generous floor plans, ample closet space, and extra storage for tenants.
• Tenant-Friendly Amenities – 40 gated garage parking spaces, controlled-access entry, on-site laundry facilities, and elevator.
• Rental Upside – Value-add potential through interior upgrades and turnover in a high-demand rental market.
• Desirable Unit Mix – 27 units: (9) 1+1, (9) 1+1.5+Den, (7) 2+2, and (2) 2+2+Den.
• Recent Capital Improvements – Roof replaced two years ago; balcony inspections completed
• Attractive Pricing – Offered at under $420 per square foot, well below recent sales in Santa Monica.
• Strong Market Fundamentals – High barriers to entry, limited supply, and consistently strong tenant demand.

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1117 6th Street presents a rare opportunity to acquire a well-located, 27-unit multifamily asset in the heart of Santa Monica, just six blocks from the beach and within walking distance to the world-renowned 3rd Street Promenade. Built in 1971 and offered for sale for the first time in over 40 years, the property spans approximately 29,535 square feet on a 14,800 square foot lot and offers an ideal unit mix for the local tenant base: nine (9) 1-bedroom/1-bath units, ten (9) 1-bedroom/1.5-bath units with dens, six (7) 2-bedroom/2-bath units, and two (2) 2-bedroom/2-bath units with dens. Many units feature spacious floor plans, ample closet space, and extra storage. The building has undergone recent capital improvements, including a new roof installed just two years ago and completed balcony inspections and repairs, reducing near-term capital needs. Residents enjoy 40 gated garage parking spaces, controlled-access entry, onsite laundry facilities, and an elevator, all of which enhance tenant convenience and retention.

The property is attractively priced at under $420 per square foot, offering investors significant value relative to comparable assets in this supply-constrained coastal market. With stable in-place income and meaningful upside through interior renovations and tenant turnover, 1117 6th Street presents a compelling blend of immediate cash flow and long-term appreciation potential. Situated in one of Southern California’s most desirable rental markets—with walkable access to retail, dining, employment centers, and transit—this asset is well-positioned for investors seeking a well-maintained building with growth potential.

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