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1856 9th Street

Santa Monica, CA 90404
  • $1,750,000
  • STATUS: Active Under Contract
  • ON SITE: 226 Days
  • MLS #: 24399999
Under Contract
UPDATED: 14 min ago
$1,750,000
  • 6
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,568
    SQFT
  • $681
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Listing Agent(s): D. Timothy Byrne of Compass (310-820-0195)


Description

Back on the Market - One Unit will be Delivered Vacant - This property is located in the Sunset Park neighborhood of Santa Monica, just 9 blocks from the beach. 9th Street is a beautiful tree lined street located one block from many shopping, entertainment and dining amenities. The main attraction of this property is the low density, park-like grounds, not typical in a dense urban area. This is a great value-added investment opportunity for an owner-user or an investor to acquire a double lot, 7 unit investment property (1850 9th street to be acquired separately) . 1856 9th St. consists of a 4 plex with the following unit mix 2, one-bedroom, one-bathroom units and 2, two bedroom, one bath units there is a two car garage that is attached to the rear unit. These units are situated on a large 7,283 sq. ft. lot, zoned R2. The value-add opportunity would be to acquire the adjacent property to add additional parking, build an ADU or combination thereof.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-23T21:32:27.3. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/151505295
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1856 9th Street Santa Monica, CA 90404

  • Price: $1,750,000
  • Status: Active Under Contract
  • On Site: 226 Days
  • Updated: 14 min ago
  • MLS #: 24399999
6
Beds
0
Baths
0
½ Baths
0.17
Acres
2,568
SQFT
$681
$/SQFT
1947
Built
Neighborhood:
C14 - Santa Monica
County:
Los Angeles
Area:
C14 - Santa Monica
Property Description
Back on the Market - One Unit will be Delivered Vacant - This property is located in the Sunset Park neighborhood of Santa Monica, just 9 blocks from the beach. 9th Street is a beautiful tree lined street located one block from many shopping, entertainment and dining amenities. The main attraction of this property is the low density, park-like grounds, not typical in a dense urban area. This is a great value-added investment opportunity for an owner-user or an investor to acquire a double lot, 7 unit investment property (1850 9th street to be acquired separately) . 1856 9th St. consists of a 4 plex with the following unit mix 2, one-bedroom, one-bathroom units and 2, two bedroom, one bath units there is a two car garage that is attached to the rear unit. These units are situated on a large 7,283 sq. ft. lot, zoned R2. The value-add opportunity would be to acquire the adjacent property to add additional parking, build an ADU or combination thereof.
Exterior Features

Open Parking Spaces 4 Parking Features Door-MultiGarage Parking Total 6

Interior Features

Cooling None Cooling YN No Heating None Heating YN No

Property Features

Association YN No Cap Rate 4.75 Garage YN Yes Gross Income 118728 Levels One Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 83055 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning SMR2*



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-23T21:32:27.3. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): D. Timothy Byrne of Compass (310-820-0195)