Active

1813 9th Street

Santa Monica, CA 90404
Mark as Favorite
Bed 0

Bed

Bath 0

Bath

SqFt7,763

Sqft

SqFt7,485

Sqft(Lot)

We are proud to present a rare opportunity to acquire a well-located, 6 unit multifamily asset in the heart of Santa Monica, just a few blocks away from the beach. Built in 1963, the property spans approximately 7,763 square feet on a 7,485 square feet lot and boasts an exceptional unit mix of two 2-bedroom / 1.5-bath townhouse style units, three 3-bedroom / 2-bath units, and one 3-bedroom/1.5-baths townhouse -style unit. The units feature spacious floor plans and ample closet space. The well-maintained property is separately metered for gas & electric, serviced by a central water heater, and offers an on-site laundry facility, one 2-car garage with storage rooms, and five carport parking spaces with storage bins. In recent years, the property has had significant capital improvements inclu ding a newer roof, copper plumbing in most units, multiple updated electrical sub-panels, replacement of a complete full main sewer line, and a new water heater in the laundry room. Two units have been extensively upgraded to include individual tankless water heaters & in-unit laundry, upgraded flooring, new kitchens with new shaker cabinetry, quartz countertops, stainless-steel appliances including gas stove, refrigerator, microwave & dishwasher, new bathrooms, dual pane windows, and new lighting. These upgrades address deferral maintenance, improve building functions, enhance tenant experience, and will meaningfully increase the long-term value & performance of the property. The current rent is still below the market, a new owner is presented with the opportunity to increase rent to market price upon vacancy and further increase rental income with complete unit renovations of remaining unrenovated units. Additionally, the architectural work for the back carport ADU conversion is completed and ready to pull permits. This project will create two rentable studio units and will significantly increase both property value and cash flow. With stable income in place and meaningful upside through interior renovations and tenant turnover, the property presents a compelling blend of immediate cash flow & long term appreciation potential. This is a rare chance to own a turnkey asset in one of the most affluent & high-demand rental markets in Southern California.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,980,000

AD Id : 75307051

MLS Id : AR26033449

Lot Size : 7,485 Sqft

Living Area Size : 7,763

Year Built : 1963

Garage : 2

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Interior Features: Ceiling Fan(s),Recessed Lighting Property Appliances: Dishwasher,Microwave,Refrigerator,Range Hood,Dryer,Washer
  • Heating Source

    Forced Air Has Heating

  • Building Information

    Year Built: 1963 Building Area Total: 7,763 Construction: Drywall,Frame
  • Pool Features

    None

    Laundry Features

    Common Area,Laundry Room

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1718
  • Lot Size Source: Assessor Lot Size Square Feet: 7485

  • Listing Price Information

    Original List Price: 2,980,000 Listing Contract Date: 2026-02-13
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 4283021004

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C14 - Santa Monica Directions: 9th Street Source Property Type: Residential Income Area: C14 - Santa Monica Property SubType: Apartment
  • Building and Construction

    Property Age: 63 Common Walls: No Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3202 Urban Avenue, Santa Monica, CA, 90404 $1,075,000 3 1 1,257 1,257 SqFt
2817 Virginia Avenue, Santa Monica, CA, 90404 $2,175,000 3 2 1,843 1,843 SqFt
1453 Centinela Avenue, Santa Monica, CA, 90404 $2,025,000 6 -- 2,723 2,723 SqFt
1430 Franklin Street #A, Santa Monica, CA, 90404 $2,450,000 8 -- 3,486 3,486 SqFt
2230 Delaware Avenue, Santa Monica, CA, 90404 $2,260,000 6 -- 3,075 3,075 SqFt
2709 Santa Monica Boule.., Santa Monica, CA, 90404 $3,799,000 4 -- 4,393 4,393 SqFt
1916-1930 Arizona, Santa Monica, CA, 90404 $3,095,000 -- -- 6,003 6,003 SqFt
2452 Chelsea Place #M, Santa Monica, CA, 90404 $870,000 2 -- 1,046 1,046 SqFt
2440 Chelsea Place, Santa Monica, CA, 90404 $2,100,000 5 -- --
1335 Chelsea Avenue, Santa Monica, CA, 90404 $1,175,000 1 1 718 718 SqFt

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ByOwner last updated this listing 06/11/2026 @ 08:38

MLS: AR26033449 LISTED BY: Gary Lee, High Ten Partners, Inc. 626-289-6660 SOURCE: CRMLS

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