1118 9th St
SANTA MONICA, CA 90403

Property

Ownership: For Sale
Bedrooms: 16 BR
Bathrooms: 16
Area: 7520 sq ft
Lot Size: 0.17 Acres

Financials

Price:$3,500,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Marcus & Millichap

Description

1118 9th Street is a well-maintained, ten-unit apartment building in an A+ North of Wilshire Santa Monica location- less than a mile from the beach and walking distance to boutique shopping and everyday conveniences. Built in 1967 with a wood-frame and stucco construction, the property features an ideal mix of five one-bedroom/one-bath, one two-bedroom/one-and-a-half-bath, and four two-bedroom/two-bath units, appealing to a wide range of renters. Amenities include gated entry, on-site laundry, and on-premises parking, including a two-car garage plus eight additional spaces. With several units rented well below market, the property offers dependable long-term income growth through natural turnover and renovations- a rare opportunity to acquire an irreplaceable asset in one of Southern California's most coveted rental markets. Surrounded by vibrant neighborhood favorites including Father's Office, Fia, The Courtyard Kitchen, and morethis asset is also a short walk to Montana Avenue's upscale boutiques and cafs (like La La Land Kind, Primo Passo, and Le Caf de la Plage) and just steps from the iconic Third Street Promenade, offering an unmatched walkable lifestyle to restaurants, shops, and entertainment. First time on the market in 50 years.

Neighborhood

More listings:

1118 9th St 16BR Santa Monica La


CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.