Core-Plus Multifamily
For Sale
Contact for pricing
Pending
1548 6th St, Santa Monica, CA 90401
Two core-plus apartment buildings offer 116 units built in 2009 and 2010 with renovation-focused value-add potential.
Property SizeContact for details
Days on Market131
Property Features for 1548 6th St
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
116
Listing Agency:
Walker & Dunlop
(818) 317-5183
Listed By:
Blake Rogers · License #CA 01866591
Source:
Crexi
Added: Apr 12
Changed: Aug 16
Last Checked: Aug 18 at 8:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Walker & Dunlop
Investment Insights
Based on property information with market context.
The Santa Monica Duo presents a two-property, 116-unit core-plus multifamily portfolio comprising NMS 1539 Fourth (62 units) and NMS 1548 Sixth (54 units). The buildings were constructed in 2009 and 2010, respectively, and the offering is positioned around value-add opportunities through unit interior and common area renovations. Unit mix includes a range of one- and two-bedroom floor plans with several configurations such as 1BR/1BA, 1BR/1BA plus Den, 1BR/1.5BA, select lofted units, and 2BR/2BA, including penthouse variations.
Both properties are located in Downtown Santa Monica, with walking access mentioned to the Third Street Promenade and Santa Monica Pier, and also within walking distance of the Metro Expo Line for routes into greater Los Angeles.
The portfolio is available for purchase either together as a portfolio or as individual assets.
Both properties are located in Downtown Santa Monica, with walking access mentioned to the Third Street Promenade and Santa Monica Pier, and also within walking distance of the Metro Expo Line for routes into greater Los Angeles.
The portfolio is available for purchase either together as a portfolio or as individual assets.
Key Highlights
- Two‑building core‑plus multifamily portfolio with 116 total units in Downtown Santa Monica
- NMS 1539 Fourth: 62 units, built 2009
- NMS 1548 Sixth: 54 units, built 2010
Property Analytics
Property Profile
Current Use
Lease Details
116
Residential units
Location Intelligence
Trade Area within ½ mile
8,206
Businesses Nearby
Explore this area
Business Placement
Demographics for 90401, CA
8,167
Population
5,782
Households
1.4
Avg Household Size
39
Median Age
76%
College-Educated
97%
High-School Grad
0.8 sq mi
ZIP Area
10,209
Density / Sq Mi
$106,704
Median Household Income
$98,906
Median Earnings
$2,549
Median Rent
$1,129,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Two core-plus apartment buildings offer 116 units built in 2009 and 2010 with renovation-focused value-add potential.
Where is this apartment building located?
The property is located at 1548 6th St Santa Monica, CA.
What are key features of this property?
This property features: Two‑building core‑plus multifamily portfolio with 116 total units in Downtown Santa Monica; NMS 1539 Fourth: 62 units, built 2009; NMS 1548 Sixth: 54 units, built 2010
