Pending

1224 9th Street

Santa Monica, CA 90401

$2,600,000 $10,961/Mo

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Overview

Bed

Bath

6,380

Sqft

7,495

Sqft(Lot)

Description

1224 9th St is a newly listed 10 unit multifamily opportunity in the heart of Santa Monica, positioned between Wilshire Blvd and Arizona Ave in one of the city's most walkable and supply-constrained residential corridors. The property consists of (10) 1 Bed/1 Bath units spread across approximately 6,380 square feet, situated on a 7,493 square foot lot zoned SMR3. Current rents average well below market, reflecting approximately 38% upside as units turn. The property is 90% occupied and features nine on-site parking spaces, four covered carport spaces in front and five in the rear accessed from the alley, a highly valuable amenity in a neighborhood where off-street parking is limited and consistently in demand. The property boasts a Walk Score and Rider's Score of 100 out of 100, placing r esidents within steps of Wilshire Blvd's dining, retail, and everyday conveniences, and just minutes from Downtown Santa Monica and the Pacific Ocean. Beyond rental upside, SB 1211 provides a pathway to organically grow income through ADU development without expanding the existing building footprint, creating a compelling additional value-add component. Together, these attributes position 1224 9th St as a rare opportunity to acquire a stable, income-producing asset in one of the Westside's most enduring coastal markets.

Property Details

Property Type : Residential Income

Price : $2,600,000

AD Id : 76833929

MLS Id : 26672391

Beds : 10

Lot Size : 7,495 Sqft

Living Area Size : 6,380

Year Built : 1957

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 10

Bathroom Information

Total Baths: 10 Full Baths: 0 Half Baths: 0
Interior Features

Property Appliances: Refrigerator Fireplace: None
Cooling Features

Wall/Window Unit(s) Air Conditioning

Heating Source

Wall Furnace Has Heating

Fireplace

Fireplace Features: None Has Fireplace: 0

Building Information

Year Built: 1957 Building Area Total: 6,380 Construction: Stucco
Security Features

Carbon Monoxide Detector(s),Smoke Detector(s)
Pool Features

None

Patio And Porch

None

Lot Details

Lot Dimensions Source: Assessor Lot Size Acres: 0.1721 Lot Size Dimensions: 50x150
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 7495

Listing Price Information

Original List Price: 2,600,000 Listing Contract Date: 2026-04-07
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 4282009005

Garage and Parking

Garage Description: Attached Carport,Assigned Attached Garage: Yes

Homeowners Association
Rental Info

Lease Term: Negotiable Tenant Pays: Electricity,Gas

Other Property Info

Source Listing Status: Pending Source Neighborhood: C14 - Santa Monica Postal Code Plus 4: 1844 Directions: Heading East on Wilshire Blvd, turn South on 9th Ave. The subject property is on the Westside of the street. Zoning: SMR3* Source Property Type: Residential Income Area: C14 - Santa Monica
Building and Construction

Property Age: 69 Common Walls: 1 Common Wall Year Built Source: Vendor Enhanced Total Square Feet Living: 6380 Entry Location: Ground Level w/steps Property Attached: Yes Levels or Stories: Two Building Total Stories: 2

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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
1217 9th Street, Santa Monica, CA, 90401	$5,100,000	--	--	4,770	4,770 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 @ 09:42

MLS: 26672391 LISTED BY: William James, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS