1047 9th St, Santa Monica, CA 90403
- $2,795,000
- 4
- BD
- 3
- BA
- 1,900
- SqFt
- List Price
- $2,795,000
- MLS#
- 26666437
- Year Built
- 1923
- Bedrooms
- 4
- Bathrooms
- 3
- Living Sq. Ft
- 1,900
- Lot Size
- 7,513
- Days on Market
- 133
- Property Type
- Multifamily
- Style
- Bungalow
Property Description
Live in the heart of Santa Monica's coveted Wilshire Montana neighborhood while generating income from your own property. 1047 9th Street offers a rare owner-user opportunity to occupy one of three beautifully updated bungalows, each with private outdoor space, in-unit laundry, and dedicated parking with EV charging. Enjoy a walkable, Santa Monica lifestyle just steps from the iconic Montana Avenue's premier shopping, dining, and fitness, and a short stroll to the beach, an ideal blend of comfort, charm, and everyday convenience in one of Santa Monica's most desirable neighborhoods. Beyond the lifestyle appeal, this Mills Act-designated property provides significant property tax savings, enhancing cash flow and long-term financial performance. The three-unit compound is well-positioned for strong rental demand and low vacancy, with additional upside through the potential to add one to two two-bedroom units, projecting up to $120,000 in additional annual income. Combining historic character with modern amenities and future development potential, this is a unique opportunity to own a tax-advantaged, income-producing asset with both immediate returns and long-term growth. Drive-by only. Interior access provided with accepted offer. Please do not disturb tenants. Disclaimer: Images have been virtually staged.
Additional Information
- Lot Description
- Front Yard, Lawn, Landscaped, Sidewalks, Yard
- Other Buildings
- None
- Pool Description
- None
- Heat
- Floor
- Cooling
- Wall Unit(s)
- View
- Trees/Woods
- Exterior Construction
- Stucco
- Number of Cars in Garage
- Detached, Uncovered, Private
- Water
- Public
Mortgage Calculator
Courtesy of Christie's International Real Estate SoCal, Donald Heller - CA DRE#01198240
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