1224 9th Street, Santa Monica, CA 90401
Local realty services provided by:ERA Donahoe Realty
1224 9th Street,Santa Monica, CA 90401
$2,600,000
- 10 Beds
- 10 Baths
- 6,380 sq. ft.
- Multi-family
- Active
Listed by: william james, peter james
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26672391
Source:CRMLS
Price summary
- Price:$2,600,000
- Price per sq. ft.:$407.52
About this home
1224 9th St is a newly listed 10 unit multifamily opportunity in the heart of Santa Monica, positioned between Wilshire Blvd and Arizona Ave in one of the city's most walkable and supply-constrained residential corridors. The property consists of (10) 1 Bed/1 Bath units spread across approximately 6,380 square feet, situated on a 7,493 square foot lot zoned SMR3. Current rents average well below market, reflecting approximately 38% upside as units turn. The property is 90% occupied and features nine on-site parking spaces, four covered carport spaces in front and five in the rear accessed from the alley, a highly valuable amenity in a neighborhood where off-street parking is limited and consistently in demand. The property boasts a Walk Score and Rider's Score of 100 out of 100, placing residents within steps of Wilshire Blvd's dining, retail, and everyday conveniences, and just minutes from Downtown Santa Monica and the Pacific Ocean. Beyond rental upside, SB 1211 provides a pathway to organically grow income through ADU development without expanding the existing building footprint, creating a compelling additional value-add component. Together, these attributes position 1224 9th St as a rare opportunity to acquire a stable, income-producing asset in one of the Westside's most enduring coastal markets....
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Home facts
- Year built:1957
- Listing ID #:26672391
- Added:25 day(s) ago
- Updated:May 03, 2026 at 10:30 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:10
- Kitchen Description:Refrigerator
- Living area:6,380 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Year built:1957
- Building area:6,380 sq. ft.
- Lot area:0.17 Acres
- Architectural Style:Mid Century Modern
- Construction Materials:Stucco
- Levels:2 Story
Finances and disclosures
- Price:$2,600,000
- Price per sq. ft.:$407.52
Features and amenities
- Amenities:Carbon Monoxide (CO2) Detector
Parking
- Total parking spaces:9
- Parking description:4 Carport Space(s), Assigned, Attached Carport
- Carport spaces:4
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