1025 9th Street Street

1025 9th Street Street, Santa Monica, CA 90403

3 units have been recently VACATED. On the market for the first time in over 30 years in one of the best rental markets in Santa Monica! 1025 9th Street (street address is 1027 9th Street) is a 10 unit multifamily building that is 8,124 sq. ft. on a 7,510 sq. ft. lot. This building is rent controlled, therefore there is approximately a 45% rental income upside if one were to bring up the rents to market rates. Their is on-site laundry (leased) and the units are separately metered for electricity and gas. One of the units is recently empty. The rent for this unit is at proforma rate.

Features & Amenities

Interior

Laundry Room In Carport

Exterior

Stories 2
Garage Space 4
Water Source Public
POOL None
Lot Features 6-10 Units/Acre
Sewer Public Sewer
HOA Amenities Curbs, Street Lights, Sidewalks

Area & Lot

Status Sold
LOT SIZE 0.17 Acres
MLS® ID SB20061877
Type Multi-Family
Year Built 1968

Financial

SALES PRICE $3,850,000
Zoning SMR2*

Work With Guillermo

Your home is your sanctuary. Letting go of that sanctuary can be a traumatic process. Finding a new haven can be just as daunting. Guillermo understands and his goal is to find your perfect new home that will not only suit your budget, but also give you immediate peace and protection the moment you walk through the door.

Let's Connect