3128 6th St Santa Monica, CA 90405
Active
$1,495,000
2 Units
2 Beds
2 Baths
1,239 Area(sq.ft.)
4,811 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | No | $ 985 | $ 985 | $ 2,495 |
| Unit 2 | 1 | 1 | 1 | No | $ 2,869 | $ 2,869 | $ 3,295 |
| 2 | 2 | 2 | 2 | $ 3,854 | $ 3,854 | $ 5,790 |
| MLS #: | 24-470789 |
| Days On Market: | 8 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,207 |
| Price per unit: | $ 747,500 |
| Year Built: | 1954 |
Property Details
Location forms a triangular tapestry of unparalleled amenities supporting a coveted pedestrian lifestyle; beach to the West, Rose Avenue to the South and Main Street to the North featuring an urban melange of vibrant dining options, artisanal boutiques and specialty shops. This quiet and low traffic block of 6th Street is a spectacular time capsule evoking Santa Monica's past glory as a charming seaside village. This duplex is perfect starter home/investment for an affordable entry to Santa Monica. Both Units are occupied , month to month rentals. See Marketing Package for ADU potential. Back unit has private patio. Laundry room on site with sink. Rear yard. 2 car garage.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Vacancy Rate: | 5% |
| Gross Operating Income: | $ 46,248 |
| Total Annual Expense: | $ 11,562 |
| Net Operating Income: | $ 34,686 |
| Gross Annual Income: | $ 46,248 |
| Cap Rate: | 2.32% |
| Gross Rent Multiplier: | 32.32 |
| Actual Gross Rent: | $ 46,248 |
| Actual Rent Total: | $ 0 |
Structure
| Type of Units: | 2 |
| Buildings: | 1 |
| Levels: | One |
Land & Parking
| Zoning: | SMOP2* |
| Parking Garage: | Garage - 2 Car |
Interior
| AC/Cooling: | None |
| Equipment: | Other |
| Heating: | Other |
Exterior
Detailed Map
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