Santa Monica, CA 90403,1118 9th St
Santa Monica, CA 90403,1118 9th St
Santa Monica, CA 90403,1118 9th St
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$3,500,000
Est. payment /mo
16 Beds
16 Baths
8,098 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,098 sqft

Price per Sqft $432

MLS Listing ID 25578645

Bedrooms 16

Year Built 1967

Lot Size 7,520 Sqft

Acres 0.1726

Property Sub-Type Multi-Family

Property Description

1118 9th Street is a well-maintained, ten-unit apartment building in an A+ North of Wilshire Santa Monica location- less than a mile from the beach and walking distance to boutique shopping and everyday conveniences. Built in 1967 with a wood-frame and stucco construction, the property features an ideal mix of five one-bedroom/one-bath, one two-bedroom/one-and-a-half-bath, and four two-bedroom/two-bath units, appealing to a wide range of renters. Amenities include gated entry, on-site laundry, and on-premises parking, including a two-car garage plus eight additional spaces. With several units rented well below market, the property offers dependable long-term income growth through natural turnover and renovations- a rare opportunity to acquire an irreplaceable asset in one of Southern California's most coveted rental markets. Surrounded by vibrant neighborhood favorites including Father's Office, Fia, The Courtyard Kitchen, and morethis asset is also a short walk to Montana Avenue's upscale boutiques and cafs (like La La Land Kind, Primo Passo, and Le Caf de la Plage) and just steps from the iconic Third Street Promenade, offering an unmatched walkable lifestyle to restaurants, shops, and entertainment. First time on the market in 50 years.

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMR2*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features Covered Parking, Garage - 2 Car

Garage Spaces 10.0

Building

Level or Stories Two

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Marcus & Millichap

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Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

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