Properties

Santa Monica, CA 90403 854 9th Street

Pending
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Presented By: Jonathan Taksa with Remax Commercial and Investment Realty;
  • MLS# 25491077
  • 01/29/2025
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  • Beds • 18
  • Baths • 16
  • SQFT • 10,356

Home Details

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.
Presented By: Jonathan Taksa with Remax Commercial and Investment Realty;

Interior Features for 854 9th Street

Bedrooms

Total Bedrooms18

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths18

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes
Total Stories2

General for 854 9th Street

AppliancesDishwasher, Microwave
CitySanta Monica
CoolingWall/Window Unit(s)
CountyLos Angeles
DirectionsJust South of prestigious Montana Avenue.
Full Baths
Gross Income293016
HOANo
HeatingWall Furnace
LevelsOne
Living Area10356
Lot Size Square Feet7522
Lot Size UnitsSquare Feet
MLS AreaC14 - Santa Monica
Net Operating Income179707
New ConstructionNo
Number Of Units Total10
PostalCitySANTA MONICA
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories Count1
Year Built1968
ZoningSMR2*

Exterior for 854 9th Street

Building Area Total10356
Lot Dimensions50x150
Lot Size Acres0.1727
Lot Size Area7522
Number of Buildings1
Parking FeaturesAssigned
Total Parking16

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $4,125,000
MLS#25491077
List Date 01/29/2025
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
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Request Info
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info@connectrealty.com
2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
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