Active

1217 9th Street

Santa Monica, CA 90401

$5,100,000 $21,501/Mo

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Overview

Bed

Bath

4,770

Sqft

7,514

Sqft(Lot)

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.Positi oned 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.

Property Details

Property Type : Residential Income

Price : $5,100,000

AD Id : 79070947

MLS Id : 26837741

Lot Size : 7,514 Sqft

Living Area Size : 4,770

Year Built : 1924

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Bathroom Information

Total Baths: 13 Full Baths: 0 Half Baths: 0
Cooling Features

Wall/Window Unit(s) Air Conditioning

Heating Source

Wall Furnace Has Heating

Building Information

Year Built: 1924 Building Area Total: 4,770

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1725
Lot Size Source: Assessor Lot Size Square Feet: 7514

Listing Price Information

Original List Price: 5,100,000 Listing Contract Date: 2026-05-22
Lease Information

Listing Agreement: Seller Reserved

Tax Information

Parcel Number: 4282008019

Garage and Parking

Garage Description: None

Homeowners Association

Other Property Info

Source Listing Status: Active Source Neighborhood: C14 - Santa Monica Postal Code Plus 4: 1813 Directions: Located north of Wilshire Boulevard and west of Lincoln Boulevard in Santa Monica. Zoning: SMR3* Source Property Type: Residential Income Area: C14 - Santa Monica
Building and Construction

Property Age: 102 Year Built Source: Vendor Enhanced Total Square Feet Living: 4770 Levels or Stories: One Building Total Stories: 1

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1243 12th Street, Santa Monica, CA, 90401	$5,250,000	36	--	18,832	18,832 SqFt
41 Vicente Terrace, Santa Monica, CA, 90401	$3,250,000	3	2	3,289	3,289 SqFt
41 Vicente Terrace, Santa Monica, CA, 90401	$3,250,000	4	--	3,289	3,289 SqFt

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ByOwner last updated this listing 06/11/2026 @ 02:32

MLS: 26837741 LISTED BY: Kelly Morgan, Houze Real Estate Management 323-852-1372 SOURCE: CRMLS