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  • 1117 6Th Street

1117 6th Street, Santa Monica, CA 90403

$10,250,000 Approx. USD 36 beds, 45 baths
29,535 sqft

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Jimmy Rashid REALTOR® - Sales Associate 424-209-9129 m
818-223-9100 o
Lic#: 02130355
NRDS ID: 175534418
Jimmy@JimmyRashid.com Text Me
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Lic#: 02130355
NRDS ID: 175534418
Jimmy@JimmyRashid.com Calabasas Office
23925 Park Sorrento
Calabasas, CA 91302
Phone: 818-223-9100
Fax: 818-876-3100
 Calabasas 23925 Park Sorrento
Calabasas, CA 91302
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Listing Agent


Michael Sterman | Michael.Sterman@marcusmillichap.com
Lic#: 01911703
Broker: Courtesy of Marcus & Millichap
Phone: 818-212-2784

Agent Remarks

$347 PER SF- NORTH OF WILSHIRE. 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 three blocks 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 floorplans, 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 42 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 $373 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 access to retail, dining, employment centers, and transit this asset is well-positioned for investors seeking a well-maintained building with growth potential.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 25583817
List price is $10,250,000 Reduced by $745,000 on 4/25/2026
Price: $10,250,000
Beds: 36
Baths: 45
Built in 1971
29,535 sqft
0.34 acres
Lot size: 0.3448
County: Los Angeles
Zoning: SMR2*
Parking description: Gated
MLS area: C14 - Santa Monica

Last Updated: 6/11/2026

 Days On Market (DOM): 272

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This listing belongs to the C14 - Santa Monica MLS area

Lat/Long: 34.021850, -118.497292.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Jimmy Rashid

Jimmy Rashid REALTOR® - Sales Associate 424-209-9129 m
818-223-9100 o
Lic#: 02130355
NRDS ID: 175534418
Jimmy@JimmyRashid.com Text Me
Call My Cell
Call My Office
Lic#: 02130355
NRDS ID: 175534418
Jimmy@JimmyRashid.com
Calabasas Office
23925 Park Sorrento
Calabasas, CA 91302
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