1217 9th Street, Santa Monica, CA 90401
- $5,100,000
- 13
- BA
- 4,770
- SqFt
Listing courtesy of Listing Agent: Kelly Morgan (Kelly@KellyMorganCommercial.com) from Listing Office: Houze Real Estate Management.
- List Price
- $5,100,000
- Status
- ACTIVE
- Days on Market
- 112
- MLS#
- 26837741
- Subtype
- Residential Income
- Year Built
- 1924
- Bathrooms
- 13
- Living Area
- 4,770
- Lot Size
- 7,514
- Acres
- 0.17
- MLS Area Major
- Santa Monica (C14)
Property Description
Fully renovated 13-unit multifamily investment opportunity located in the heart of Downtown Santa Monica, just blocks from the beach, Third Street Promenade, Metro Expo Line, and Silicon Beach employment hubs. The property consists of thirteen studio units and has undergone an extensive top-to-bottom renovation, blending modern coastal design with major system upgrades.Originally built in 1924 and renovated in 2024, the property features a new roof, copper plumbing, upgraded electrical, fiber optic internet, fire sprinkler and monitoring systems, and completed asbestos and lead abatement. Each unit has been redesigned with contemporary finishes including stainless steel appliances, custom cabinetry, SPC flooring, recessed lighting, Title 24 windows, and individual HVAC split systems.Positioned in one of Southern California's strongest rental markets, the property offers investors a stabilized asset with strong in-place income and long-term appreciation potential in a highly walkable coastal location. Residents enjoy immediate access to premier dining, shopping, entertainment, public transit, Santa Monica College, UCLA Medical Center, and major Westside employers.
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Additional Information
- Zoning
- SMR3*
- Heating
- Wall Furnace
- Air Conditioning
- Yes
- Stories
- One Level
- Levels
- One
- Parking Features
- None
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.