1047 9th Street, Santa Monica, CA 90403
- $2,795,000
- 4
- BD
- 3
- BA
- 1,900
- SqFt
- List Price
- $2,795,000
- Status
- ACTIVE
- MLS#
- 26666437
- Year Built
- 1923
- Bedrooms
- 4
- Bathrooms
- 3
- Living Sq. Ft
- 1,900
- Lot Size
- 7,513
- Acres
- 0.17
- Lot Location
- Front Yard, Lawn, Landscaped, Yard
- Days on Market
- 132
- Property Type
- Multifamily
- Style
- Bungalow
- Stories
- One Level
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.
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Additional Information
- Appliances
- Refrigerator, Dryer, Washer
- Pool Description
- None
- View
- Trees/Woods
- Exterior Construction
- Stucco
- Roof
- Composition, Shingle
- Sewer
- Other
- Attached Structure
- Detached
- Number Of Units Total
- 3
Listing courtesy of Listing Agent: Donald Heller (don@donhellergroup.com) from Listing Office: Christie's International Real Estate SoCal.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.