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1813 9th Street

Santa Monica, CA 90404
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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 : ResidentialIncome

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

  • Interior Features

    Ceiling Fan(s), Recessed Lighting
    Appliances: Dishwasher, Microwave, Refrigerator, Range Hood, Dryer, Washer
    Laundry Features: Common Area, Laundry Room
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air

  • Building Information

    Year Built: 1963
    Building Area Total: 7763
    Construction Materials: Drywall, Frame
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 7485 Lot Size Acres: 0.1718 Lot Size Source: Assessor Lot Size Square Feet: 7,485

  • Listing Price Information

    Listing Price: $2980000
    Original Price: $3250000
    Cash, Cash to New Loan

  • Tax Information

    Parcel Number: 4283021004 Tax Lot: 32

  • Parking Information

    Parking Total: 7

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Utility Information

    Electricity Connected, Sewer Connected, Water Connected
  • Location Information

    Direction: 9th Street WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3354 Virginia Avenue, Santa Monica, CA, 90404 $1,800,000 4 3 1,295 1,295 SqFt
2851 Delaware Avenue, Santa Monica, CA, 90404 $2,500,000 6 4 2,615 2,615 SqFt
1630 Franklin Street, Santa Monica, CA, 90404 $2,295,000 5 -- 1,892 1,892 SqFt
2817 Virginia Avenue, Santa Monica, CA, 90404 $2,149,900 3 2 1,843 1,843 SqFt
1453 Centinela Avenue, Santa Monica, CA, 90404 $1,995,000 6 -- 2,723 2,723 SqFt
1430 Franklin Street #A, Santa Monica, CA, 90404 $2,300,000 8 -- 3,486 3,486 SqFt
1930 Stewart Street #X-7, Santa Monica, CA, 90404 $350,000 1 1 879 879 SqFt
1419 Stanford Street, Santa Monica, CA, 90404 $2,495,000 11 -- 4,800 4,800 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 3 4,393 4,393 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/27/2026 @ 08:00

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

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