1025 9th Street Street Santa Monica, CA 90403

0 Bedroom,

  • Residential Income
MLS: #SB18024657
$4,750,000
COMMENTS
On the market for the first time in over 30 years in one of the best rental markets in Santa Monica! 1025 9th Street (street address is 1027 9th Street) is a 10 unit multifamily building that is 8, 124 sq. ft. on a 7, 510 sq. ft. lot. This building is rent controlled, therefore there is approximately a 45% rental income upside if one were to bring up the rents to market rates. Their is on-site laundry (leased) and the units are separately metered for electricity and gas.

Property Features

  • Price per Sqft: $585
  • Year Built: 1968
  • Lot Size: 7,510 SqFt
  • Garage Spaces: 4
  • Parking/Carport Spaces: 10
  • Pool Description: None
  • Lot Features: 6-10 Units/Acre
  • Building Levels Description: Two
  • Dryer: 1
  • Sewer: Public Sewer
  • Parking Spaces: 14
  • County: Los Angeles
  • Area: C14 - Santa Monica
  • HOA Fee:
  • HOA Fee Includes: Curbs, Sidewalks, Street Lighting

Location

Directions: Between Wilshire and Montana

Listing courtesy of RE/MAX Estate Properties
Based on information from California Regional Multiple Listing Service, Inc. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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