1217 9th St Santa Monica La


Property

Website:https://www.nestseekers.com/5502390
Address:
1217 9th St
SANTA MONICA, CA 90401
Ownership: For Sale
Bathrooms: 13
Area: 7514 sq ft
Lot Size: 7514 sq ft

Financials

Price:$5,100,000

Description

Fully renovated 13-unit multifamily investment opportunity located in the heart of Downtown Santa Monica, just blocks from the beach, Third Street Promenade, Metro Expo Line, and Silicon Beach employment hubs. The property consists of thirteen studio units and has undergone an extensive top-to-bottom renovation, blending modern coastal design with major system upgrades.Originally built in 1924 and renovated in 2024, the property features a new roof, copper plumbing, upgraded electrical, fiber optic internet, fire sprinkler and monitoring systems, and completed asbestos and lead abatement. Each unit has been redesigned with contemporary finishes including stainless steel appliances, custom cabinetry, SPC flooring, recessed lighting, Title 24 windows, and individual HVAC split systems.Positioned in one of Southern California's strongest rental markets, the property offers investors a stabilized asset with strong in-place income and long-term appreciation potential in a highly walkable coastal location. Residents enjoy immediate access to premier dining, shopping, entertainment, public transit, Santa Monica College, UCLA Medical Center, and major Westside employers. **Contact Kelly Morgan Multifamily Group for more information (310) 836-3638 or Kelly@KellyMorganCommercial.com**

Contact

271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Houze Real Estate Management

1217 9th St SANTA MONICA CA 90401 USA