1813 9th Street

Santa Monica, CA 90404

$2,800,000
Price
16
Beds
11
Baths
7,763 Sq. Ft.
$361 / Sq. Ft.
7,763
Sq. Ft.
$361
per Sq. Ft.

Description

Built in 1963, on a 7,485 square foot R2 lot, 1813 9th Street is a two-story, six-unit multifamily property with a total building size of 7,763 square feet. The well-maintained property is separately metered for gas and electric, is serviced by a central water heater, and offers an on-site laundry facility, one two-car garage, and five carport parking spaces with storage bins. In recent years, the property has seen significant capital improvements including a new roof, copper plumbing in most units,...Built in 1963, on a 7,485 square foot R2 lot, 1813 9th Street is a two-story, six-unit multifamily property with a total building size of 7,763 square feet. The well-maintained property is separately metered for gas and electric, is serviced by a central water heater, and offers an on-site laundry facility, one two-car garage, and five carport parking spaces with storage bins. In recent years, the property has seen significant capital improvements including a new roof, copper plumbing in most units, an updated electrical panel in laundry room, and a newer water heater. Additionally, two units have been extensively upgraded to include individual tankless water heaters and in-unit laundry. 1813 9th Street boasts an exceptional unit mix of two two-bedroom/one-and-one-half-bathroom townhouse-style units, three three-bedroom/two-bathroom units, and one three-bedroom/two-bathroom townhouse-style unit. The oversized units offer gas stoves, refrigerators, ceiling fans, forced heat or wall units for heating, upgraded flooring, ample closet and storage space, and a balcony or patio in select units. The two extensively upgraded units are equipped with stackable laundry systems, brand-new kitchens with new shaker cabinetry, quartz countertops, stainless-steel appliances (gas stove, refrigerator, microwave, and dishwasher), ceiling fans, brand-new bathrooms, designer fixtures and hardware, dual pane windows, upgraded flooring, new lighting, and updated electrical panels.
  1. Listed by Priscilla Nee • DRE #01435254 • Brokerage DRE #00868409 • CB Richard Ellis, Inc.

Property Details for 1813 9th Street

Zoning
SMR2*
Parcel Number
4283021004
Total Units
6.0
Living Area
7763
Source Living Area
Assessor
Area
Santa Monica (C14)
Vacancy Rate
3
Lot Size Area
7485
LISTING UPDATED: 11/08/2024 10:52 PM

Property Details for 1813 9th Street

StatusActive
MLS #24-441743
Days on Market54
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.17 AC / 7,485 SF
CountyLos Angeles County

Building Information for 1813 9th Street

Stories2Residences-Year Built1963Building Size-Lot Size0.17 AC / 7,485 SF

Property Information for 1813 9th Street

Community / Development
Community / Development
  • Number Of Units: 6
  • Professional Management: 10274.0
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Multifamily
  • Security Features: Gated
  • Water Heaters: Yes
  • Water Heater Features: Central Water Heater, Tankless
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $205,485
  • Net Operating Income: $135,909.00
  • Gross Income: $211,264
  • Cap Rate: 4.85%
  • Gross Rent Multiplier: $13.25
  • Vacancy Allow Dollar: $6,355.00
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 69576
  • Water Expense: $5,198.00
  • Gas Expense: $2,040
  • Electric Expense: $600.00
  • Other Expense: $1,500.00
  • Expense Pest: $600.00
  • Tax Expense: $34,351
  • Gardener Expense: $1,800
  • Expense Licenses: $1,250.00
  • Insurance Expense: $7,763
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Size Square Feet: 7485
Parking Details
Parking Details
  • Parking Garage: Carport, Garage - 2 Car
  • Total Parking: 6
  • Garage Spaces Total: 1
  • Carport Spaces Total: 5
  • Parking Features: Carport, Garage - Two Door
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace, Forced Air
  • Heating Type: Wall, Forced Air
  • Flooring: Vinyl, Tile
  • Equipment: Ceiling Fan, Dishwasher, Microwave, Refrigerator, Range/Oven
  • Interior Features: Ceiling Fan(s)
  • Room Kitchen Features: Remodeled Kitchen
  • Kitchen Features: Quartz Counters, Remodeled
  • Cooking Appliances: Microwave, Range Hood, Gas
  • Laundry: Community
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Flat
  • Patio Features: Balcony, Other - See Remarks
  • Entry Location: Ground Level w/steps
  • Windows: Double Pane Windows
  • New Construction: No
  • Construction Materials: Frame, Stucco, Wood Siding
  • Exterior Construction: Frame, Stucco, Wood Siding
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-18-2024
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,943.80
  • Unit Actual Rent: $3,887.70
  • Unit Projected Rent: $8,400.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,877.40
  • Unit Actual Rent: $8,632.20
  • Unit Projected Rent: $12,603.00
  • Like Units: 3
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $5,085.50
  • Unit Actual Rent: $5,085.50
  • Unit Projected Rent: $5,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108

Property History for 1813 9th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1813 9th Street

Taxable ValueLand$99,794Additions$343,920Total$443,714
Tax Record2024$7,102 ($592 / month)
Home Facts
Total Finished SqFt7,763 SqFtAbove Grade Finished SqFt7,763 SqFtLot Size7,483 SqFtStyleMulti-Family Res (5+ Units)ZoningSMR2*CountyLOS ANGELESAPN4283-021-004

Schools near 1813 9th Street

This home is within Santa Monica-Malibu Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Will Rogers Elementary School
PublicK to 5

John Adams Middle School
Public6 to 8

Santa Monica High School
Public9 to 12

Olympic High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1813 9th Street is a multi-family home for sale in Santa Monica, CA 90404. This property was listed for sale on September 18, 2024 by CB Richard Ellis, Inc., it's currently listed at $2,800,000. This listing's school district is Santa Monica-Malibu Unified School District. Nearby schools include Will Rogers Elementary School, John Adams Middle School and Santa Monica High School. 1813 9th Street is a 16-bed, 11-bath, 7,763 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CB Richard Ellis, Inc., Priscilla Nee, DRE #01435254

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.