Santa Monica, CA 90401 1437 9th Street
$4,500,000
Pending
4 more
Presented By: Ryan Dawson with Sullivan-Dituri Co.Realtors;
Beds • 18
Baths • 16
SQFT • 3,416
Year Built • 1956
Home Details
Amazing Price Improvement! Owner motivated to sell! First time to market in over 60 years! Beautiful, income generating 16-unit apartment complex spanning two lots in Santa Monica. The apartments in the complex open up to a large grass courtyard bathed in California sunshine. The spacious property also lends itself to a potential for development in the heart of Santa Monica. On the boarder of Downtown and Midcity Santa Monica, this complex is surrounded by restaurants and shops, and just minutes from the beach and 10 Freeway. Two parcels totaling: approximately ~14,990 square feet of land and ~6,480 square feet of building per the assessor.
Presented By: Ryan Dawson with Sullivan-Dituri Co.Realtors;
Interior Features for 1437 9th Street
Bedrooms
Total Bedrooms18
Bathrooms
Half Baths0
Total Baths16
1/4 Baths
3/4 Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesLaundryRoom
LivingAreaSourceAssessor
Total Stories2
General for 1437 9th Street
Additional Parcels Y/NNo
AppliancesRefrigerator
Architectural StyleTraditional
Attached Garage No
Cap Rate6.11
Carport Y/NNo
CitySanta Monica
CoolingNone
CountyLos Angeles
DirectionsNorth of Broadway on 9th Street.
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income414081.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7479.0
Lot Size UnitsSquareFeet
MLS AreaC14 - Santa Monica
MobileHomeRemainsYNNo
Net Operating Income274909.0
New ConstructionNo
Number Of Units Total16
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories2
Year Built1956
Year Built SourceAssessor
ZoningSMR3*
Exterior for 1437 9th Street
Building Area Total3416.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1717
Lot Size Area7479.0
Lot Size SourceAssessor
Number of Buildings3
Open Parking Y/NNo
Parking FeaturesDriveway
Private PoolNo
SpaNo
Total Parking9.0
WaterfrontY/NNo
Additional Details
Price History
Keegan Cin
Team Lead
