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1117 6th St
Santa Monica, CA 90403 Wilshire Montana

$11,800,000 USD

Apartments For Sale  •  33,942 SF

Property Details

  • Property Type Apartments
  • Total Building Size 29,535 SF
  • Lot Size 0.34 AC
  • Building Class C
  • Year Built 1971
  • Cap Rate 4.72 %
  • Zoning SMR4*
76 Transit Score
92 Walk Score

Highlights

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
Cap Rate: 4.72 %

Major Tenants

Tenant SF Occupied Lease End Date
All Security Lock & Key

Amenities

  • Balcony
  • Controlled Access
  • Heating
  • Range

Public Transportation

Transit/SubwayDriveWalkDistance
Downtown Santa Monica (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 15 min 0.8 mi
AirportDriveWalkDistance
Los Angeles International 19 min - 9.2 mi
Bob Hope 36 min - 23.7 mi
Long Beach (Daugherty Field) 39 min - 29.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Covered
Included in Rent: Yes
Michael Sterman 818-212-2784 Marcus & Millichap
Michael Sterman 818-212-2784 Marcus & Millichap