FOR SALE0.33 ACRES
1860 9th St
Santa Monica, CA 90404
Pico District
28 Beds
22 Baths
11,456 sqft (on 0.33 acres)
- 28 Beds
- 22 Baths
- 11,456 sqft (on 0.33 acres)
28 Beds
22 Baths
11,456 sqft
(on 0.33 acres)
Local Information
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Commute Destination
Description
We are pleased to present a fifteen (15) unit apartment building located at 1860 9th Street in Santa Monica, California. The subject property is located in a prime Santa Monica location just north of Lincoln Boulevard and west of Pico Boulevard. Built in 1955, this property contains an excellent unit mix of one (1) studio / one-bathroom unit and fourteen (14) two-bedroom / one and a half-bathroom units. The property consists of a double-lot with one being zoned commercial. All units face the well-maintained inner courtyard. The units boast a ton of character with lovely tile and wood flooring, tile counters, French doors, antique light fixtures, and other built-in decorative elements. There is shared laundry on-site with newer Maytag high efficiency appliances. This rare, mid-size asset goes street-to-street with eight (8) garage parking spaces off of Lincoln Court, three (3) covered carports with storage spaces above, and seven (7) uncovered interior parking spaces. Most of the storage can be rented for additional income, and there is a private storage room attached to the southern garage. There is great potential to convert the garage spaces into multiple ADU units. Tenants will love living only one (1) mile to Santa Monica Pier, with easy access to major transportation and some of the strongest employment hubs available throughout Los Angeles County. Situated in a prime Santa Monica location, this offering presents an excellent opportunity for any investor to capitalize on the strong initial cash flow coupled with the opportunity to build out multiple ADU(s) with a very favorable loan assumption.
Home Highlights
Parking
Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$524
Listed
38 days ago
Home Details for 1860 9th St
Interior Features |
|---|
Interior Details Number of Rooms: 2Types of Rooms: Bathroom, Kitchen |
Beds & Baths Number of Bedrooms: 28Number of Bathrooms: 22 |
Dimensions and Layout Living Area: 11456 Square Feet |
Appliances & Utilities Appliances: Built-Ins, Oven, Range, Range/Oven, Refrigerator, Washer, DryerDryerLaundry: Laundry AreaRefrigeratorWasher |
Heating & Cooling Heating: WallHas CoolingAir Conditioning: Air ConditioningHas HeatingHeating Fuel: Wall |
Fireplace & Spa Fireplace: DecorativeSpa: NoneHas a Fireplace |
Windows, Doors, Floors & Walls Flooring: Wood, Hardwood |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Wood, Hardwood |
View Has a ViewView: City |
Security Security: Gated |
Exterior Features |
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Exterior Home Features Patio / Porch: PatioOther Structures: Accessory Bldgs, Other, Stall(s)Exterior: Balcony |
Parking & Garage Number of Garage Spaces: 8Number of Carport Spaces: 3Number of Covered Spaces: 11Open Parking Spaces: 7Has a CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 18Parking: Carport,Storage,Open,Garage,Covered,Gated |
Pool Pool: None |
Frontage Waterfront: Beach AccessRoad Surface Type: Alley Paved |
Days on Market |
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Days on Market: 38 |
Property Information |
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Year Built Year Built: 1955 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building No Additional Parcels |
Property Information Condition: Repairs Major, Repair Cosmetic, Updated/Remodeled |
Price & Status |
|---|
Price List Price: $5,999,000Price Per Sqft: $524 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: Santa Monica |
Agent Information |
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Listing Agent Listing ID: 24-371213 |
Building |
|---|
Building Area Building Area: 11456 Square Feet |
Lot Information |
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Lot Area: 0.33 acres |
Listing Info |
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Special Conditions: Standard |
Compensation |
|---|
Buyer Agency Commission: 2.5Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: 24-371213 |
Last check for updates: about 10 hours ago
Listing courtesy of Jason Tuvia DRE # 01772495, (818) 448-4415
Marcus & Millichap, (818) 212-2700
Source: CLAW, MLS#24-371213
Price History for 1860 9th St
| Date | Price | Event | Source |
|---|---|---|---|
| 03/21/2024 | $5,999,000 | Listed For Sale | CLAW #24-371213 |
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Comparable Sales for 1860 9th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.74 | Multi-Family Home | $4,995,000 | 10/13/23 | 16 | 12 | 10,696 | |
0.71 | Multi-Family Home | $5,220,000 | 03/18/24 | 16 | 16 | 15,621 | |
0.79 | Multi-Family Home | $2,965,000 | 01/24/24 | 15 | 14 | 8,264 | |
0.63 | Multi-Family Home | $3,000,000 | 01/11/24 | 14 | 10 | 7,280 | |
0.88 | Multi-Family Home | $3,500,000 | 09/25/23 | 16 | 18 | 7,248 | |
0.19 | Multi-Family Home | $2,450,000 | 02/23/24 | 7 | 5 | 4,072 | |
0.59 | Multi-Family Home | $2,000,000 | 10/26/23 | 12 | 6 | 5,184 | |
0.23 | Multi-Family Home | $2,150,000 | 04/22/24 | 8 | 5 | 3,660 | |
0.23 | Multi-Family Home | $1,925,000 | 04/22/24 | 8 | 5 | 3,360 | |
0.29 | Multi-Family Home | $1,609,000 | 05/04/23 | 7 | 5 | 3,729 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Pico District
- Trulia User
- Resident
- 1y ago
"I’ve lived here for years. The college is nearby & it’s relatively quiet. The beach is a short walk & there are lots of supermarkets & restaurants."
- Lisasilvera
- Resident
- 3y ago
"Diverse, safe, accessible, clean & interesting! Close to schools, Trader Joe’s & the beach & freeway."
- Sparkofnotion
- Visitor
- 4y ago
"my neighborhood is very well kept and friendly people. transportation is fairly easy to use conveniently located "
- Dankolito
- Resident
- 5y ago
"Great walkable & bikeable neighborhood 10 blocks from the beach. Bay Cities, Vons, and Walgreens are all with 10 minute walk."
- Trulia User
- Resident
- 5y ago
"It’s still got a residential feel but it is only 14 blocks from the beach in Santa Monica. I can walk to various sections of Pico, Main St, and Rose Ave from my neighborhood."
- Bradsimanski
- Resident
- 5y ago
"Busy and to many bird scooters. Over priced, unaffordable, and changing quickly for the worse on a monthly basis "
- Trulia User
- Resident
- 6y ago
"Walkable access to Whole Foods 365, Virginia Park Farmer's Market, Metro Bergamot Station Stop, Santa Monica College, Restaurants and Pharmacy - good for the carless or those wanting to be less car-dependant."
- jackieburner
- 10y ago
"This place is a dump. Homeless people in the alleys and gross interiors. Walk away!"
- George S.
- 11y ago
"This area Lifestyle comprises enjoying the proximity to the beach and at the same time having the best amenities Southern California has to offer. From the early Yoga class at the beach to some of the best restaurants in the country (Santa Monica has 3 Michelin starred restaurants!) Santa Monica has it all!"
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jason Tuvia, Marcus & Millichap
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1860 9th St, Santa Monica, CA 90404 is a 28 bedroom, 22 bathroom, 11,456 sqft multi-family built in 1955. 1860 9th St is located in Pico District, Santa Monica. This property is currently available for sale and was listed by CLAW on Mar 21, 2024. The MLS # for this home is MLS# 24-371213.