Bought with Rick Applebaum • Morgan Skenderian
$5,000,000
$5,675,000
11.9%For more information regarding the value of a property, please contact us for a free consultation.
7,672 SqFt
SOLD DATE : 04/04/2024
Key Details
Sold Price $5,000,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 7,672 sqft
Price per Sqft $651
MLS Listing ID CRPW23179086
Sold Date 04/04/24
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1926
Lot Size 8,712 Sqft
Property Sub-Type Other
Property Description
Offered for the first time in more than 40 years, we are pleased to present 123 6th Street (also listed at 605 Walnut Avenue). At 15 units, this is one of the larger multifamily properties in downtown. Ideally located on the “100 Block,†residents are just steps from the beach, The Strand, and Main Street. By updating the units and bringing rents closer to market levels, the new owner can take advantage of enormous upside potential. The entire building was re-piped in 2005, and the electrical system was upgraded in 2004. Additionally, the roof was replaced in 2012, while the windows were redone in 2015.
Location
State CA
County Orange
Interior
Fireplace No
Laundry Community Facility
Building
Lot Description Corner Lot
Water Public
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