$5,100,000
 $27,378 est/mo Sourced by Back At You

1217 9th Street,Santa Monica, CA 90401

Santa Monica, CA 90401

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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.

Details

MLS #26837741
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1924
Days On Site95
Listing Provided ByHouze Real Estate Management | Kelly Morgan

Features

Bath(s)13
SQ Feet4,770
Story(s)1
Units13
Building(s)1
ZoningSMR3*
Acreage0.17

Interior

CoolingWall Window Units
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes

Parking

Parking FeaturesNone

Area Information

StateCA
CountyLos Angeles
CitySanta Monica
Zip Code90401
AreaC14 Santa Monica
Listing VS Median (in 90401)
Price:
$5,100,000
low | high
Med:
$5,047,500
51.029411764706% of Average
sqft:
4,770
low | high
Med:
4,702
51.425576519916% of Average
$ / sqft:
$1,069
low | high
Med:
$1,074
49.592208484602% of Average
On site:
95
low | high
Med:
105.5
90.047393364929% of Average
Sourced by Back At You

Market Activity 90401

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Additional Information

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Contact

Learn More About This Property

David Hong

David Hong

Coldwell Banker Commercial

02207128 (760) 617-8885david.hong@cbcinland.com
StateCA
CountyLos Angeles
CitySanta Monica
Zip Code90401
AreaC14 Santa Monica
Listing VS Median (in 90401)
Price:
$5,100,000
low | high
Med:
$5,047,500
51.029411764706% of Average
sqft:
4,770
low | high
Med:
4,702
51.425576519916% of Average
$ / sqft:
$1,069
low | high
Med:
$1,074
49.592208484602% of Average
On site:
95
low | high
Med:
105.5
90.047393364929% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $3.825M - $6.375M
sqft: 3,500 - 5,500
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1118 15th St. Property Photo 1
$3,350,000
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Santa Monica, CA 90403
Listing Updated: August 21, 2026 at 10:56:41 PM PDT