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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 4,125,000

Est. payment | -/mo

18 Beds

18 Baths

10,356 SqFt

Save

$ 4,125,000

Est. payment | -/mo

Save

18 Beds

18 Baths

10,356 SqFt

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 10,356 sqft

Price per Sqft $398

MLS Listing ID 25491077

Bedrooms 18

HOA Y/N No

Year Built 1968

Lot Size 7,522 Sqft

Property Description

We are pleased to offer for sale an incredible multifamily asset located at 854 9th Street in the heart of LA's famed beach city of Santa Monica. Originally built in 1968, the building boasts an incredible unit mix consisting of all very large 2-bedroom and 1-bedroom floor plans. Each of these units is spacious, has a terrific layout, and offers an abundance of natural light. Perfect for a long-term investor, the property has incredible rental upside, a secured entrance, ample on-site parking, as well as an on-site laundry facility. The unit mix includes (8) 2-bed, 2-bath units and (2) 1-bed, 1-bath units. Many of the interiors have been upgraded with hardwood flooring, stainless steel appliances, and granite countertops. Additionally, units feature charming built-ins and balconies. This is a fantastic trophy asset in an undeniably attractive location that will be a perfect addition to an investor's portfolio. A quick stroll to Montana Avenue, downtown Santa Monica, and the beach, this property is situated close to all Santa Monica has to offer. With incredible in-place income, enormous rental upside potential, and a secured tenant base, 854 9th Street gives buyers the unique opportunity to own a generational asset in one ofLA's most prized and coveted locations.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Dishwasher, Microwave

Exterior

Parking Features Assigned

Total Parking Spaces 16

Building

Story 2

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4281032011

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Jonathan Taksa Remax Commercial and Investment Realty #01366169

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA 92124

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854 9th ST Santa Monica, CA 90403