Property Description
We are pleased to offer for sale an incredible multifamily asset located at 1019 6th Street in the heart of LA's famed beach city of Santa Monica. Originally built in 1956, the building boasts an ideal unit mix consisting of all large 1 & 2-bedroom floor plans. Each of these units is spacious, has a terrific layout, and offers an abundance of natural light. Perfect for a long-term investor, the property has incredible rental upside, an intercom entrance, ample on-site parking (soft story retrofit has been completed), all copper plumbing, a newer roof, as well as an on-site laundry facility. The unit mix includes (7) 1-bed, 1-bath units and (2) 2-bed, 2-bath units. Many of the units have been luxuriously upgraded to the highest standards with hardwood flooring, custom window shutters, stainless steel appliances and quartz countertops, central HVAC(select units), recessed lighting, upgraded electrical, and an in-unit washer and dryer (select units). This is a fantastic trophy asset in an undeniably attractive location that will be a perfect addition to an investor's portfolio. A quick stroll to downtown Santa Monica, Montana Avenue, and the beach, this property is situated close to all Santa Monica has to offer. With incredible in-place income, enormous rental upside potential, and a secured tenant base, 1019 6th Street gives buyers the unique opportunity to own a generational asset in one of LA's most prized and coveted locations.
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$57,405
TurboHome Estimated Value
$4,138,500
$533 sqft
High Valuation
$4,345,425
$560/sqft
Normal Valuation
$4,138,500
$533/sqft
Low Valuation
$3,931,575
$506/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $533/sqft | $4,138,500 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood
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Comparative Value
$2.61M
$4.31M
$4.45M
1127 16th St, Santa Monica, CA 90403
Sale Price: $2,607,000
Selected Comparable
1019 6th St, Santa Monica, CA 90403
Sale Price: $4,314,420
Selected Comparable
1019 6th St, Santa Monica, CA 90403
List Price: $4,450,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT1019 6th St, Santa Monica, CA 90403
List: $4,450,000
Listed: 9/3/2024
Area:7,764 sqft
Price/sqft:$573
Beds:13
Baths:13
Year Built:—
Lot Size:7,496
Comparable Properties
COMPARABLEChoose comps
1019 6th St, Santa Monica, CA 90403
Sale: $4,314,420
11/25/2024 • 0.00 mi
Area:7,764 sqft
Price/sqft:$556
Beds:13
Baths:13
Year Built:—
Weight:64.6%
1127 16th St, Santa Monica, CA 90403
Sale: $2,607,000
11/1/2024 • 0.77 mi
Area:6,768 sqft
Price/sqft:$385
Beds:12
Baths:12
Year Built:—
Weight:35.4%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1019 6th St, Santa Monica, CA 90403 | $4,450,000 | 7,764 | $573 | 7,496 | — | 9/3/2024 | 13 | 13 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1019 6th St, Santa Monica, CA 90403 | $4,314,420 | 7,764 | $556 | 7,496 | 0.00 mi | 11/25/2024 | 13 | 13 | — | 64.6% | |
1127 16th St, Santa Monica, CA 90403 | $2,607,000 | 6,768 | $385 | 7,505 | 0.77 mi | 11/1/2024 | 12 | 12 | — | 35.4% |
Nearby Listings
3 similar properties within 5 miles

List Price: $4,195,000
844 5th St, Santa Monica, CA 90403
13 bd 12 ba 7,374 sqft
TurboHome Est. Value:
$4,048,400

List Price: $4,890,000
1445 9th St, Santa Monica, CA 90401
14 bd 14 ba 7,422 sqft
TurboHome Est. Value:
$4,132,600

List Price: $4,395,000
11921 Goshen Ave, Los Angeles, CA 90049
14 bd 12 ba 6,700 sqft
TurboHome Est. Value:
$3,700,000
How it Works
1
Meet your local TurboHome agent
We match you with an in-house licensed real estate agent who knows your market
2
We support your home-selling journey
Everything you'd expect your agent to do: pricing, listing, photos, staging, open houses, and negotiating
3
You get big savings
You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
