1856 9th Street

Santa Monica, CA 90404

$1,750,000
Price
6
Beds
4
Baths
2,568 Sq. Ft.
$681 / Sq. Ft.
2,568
Sq. Ft.
$681
per Sq. Ft.

Description

Back on the Market - One Unit will be Delivered Vacant - This property is located in the Sunset Park neighborhood of Santa Monica, just 9 blocks from the beach. 9th Street is a beautiful tree lined street located one block from many shopping, entertainment and dining amenities. The main attraction of this property is the low density, park-like grounds, not typical in a dense urban area. This is a great value-added investment opportunity for an owner-user or an investor to acquire a double lot, 7...Back on the Market - One Unit will be Delivered Vacant - This property is located in the Sunset Park neighborhood of Santa Monica, just 9 blocks from the beach. 9th Street is a beautiful tree lined street located one block from many shopping, entertainment and dining amenities. The main attraction of this property is the low density, park-like grounds, not typical in a dense urban area. This is a great value-added investment opportunity for an owner-user or an investor to acquire a double lot, 7 unit investment property (1850 9th street to be acquired separately) . 1856 9th St. consists of a 4 plex with the following unit mix 2, one-bedroom, one-bathroom units and 2, two bedroom, one bath units there is a two car garage that is attached to the rear unit. These units are situated on a large 7,283 sq. ft. lot, zoned R2. The value-add opportunity would be to acquire the adjacent property to add additional parking, build an ADU or combination thereof.

Listing Agent

  1. Tim Byrne

    Tim Byrne

    Listing Agent

    Compass

    DRE #01186465

    tim.byrne@compass.com

    P: (310)-801-3442

Property Details for 1856 9th Street

Zoning
SMR2*
Parcel Number
4283020031
Total Units
4.0
Living Area
2568
Source Living Area
Vendor Enhanced
Area
Santa Monica (C14)
Vacancy Rate
0.0%
Lot Size Area
7283
LISTING UPDATED: 11/05/2024 04:02 AM

Property Details for 1856 9th Street

StatusActive
MLS #24-399999
Days on Market155
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1947
Lot Size0.17 AC / 7,283 SF
CountyLos Angeles County

Building Information for 1856 9th Street

Stories-Residences-Year Built1947Building Size-Lot Size0.17 AC / 7,283 SF

Property Information for 1856 9th Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: 4
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $118,728
  • Net Operating Income: $83,055.00
  • Gross Income: $118,728
  • Cap Rate: 4.75%
  • Gross Rent Multiplier: $14.70
  • Total Annual Expense: 37455
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1672
  • Lot Size Square Feet: 7283
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car
  • Total Parking: 6
  • Open Other Spaces Total: 4
  • Garage Spaces Total: 2
  • Parking Features: Garage - Two Door
Interior Features
Interior Features
  • Levels: One
  • Cooling: None
  • Cooling Type: None
  • Heating: None
  • Heating Type: None
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-10-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,500.00
  • Unit Actual Rent: $2,500.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,100.00
  • Unit Actual Rent: $2,100.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,530.00
  • Unit Actual Rent: $2,530.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,764.00
  • Unit Actual Rent: $2,764.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109

Property History for 1856 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 1856 9th Street

Taxable ValueLand$49,722Additions$53,084Total$102,806
Tax Record2024$2,337 ($195 / month)
Home Facts
Total Finished SqFt2,568 SqFtAbove Grade Finished SqFt2,568 SqFtLot Size7,281 SqFtStyleTriplexYear Built1947ZoningSMR2*CountyLOS ANGELESAPN4283-020-031

Schools near 1856 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
John Muir 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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1856 9th Street is a multi-family home for sale in Santa Monica, CA 90404. This property was listed for sale on June 10, 2024 by Compass, it's currently listed at $1,750,000. This listing's school district is Santa Monica-Malibu Unified School District. Nearby schools include John Muir Elementary School, John Adams Middle School and Santa Monica High School. 1856 9th Street is a 6-bed, 4-bath, 2,568 sqft multi-family home built in 1947.

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 Compass, Tim Byrne, DRE #01186465

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.